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I need help with all 4 questions on image #2

*Compute gross profit earned by the company for each of the four costing methods in par Problem 6-3A Perpetual: Alternative cost flows P1 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year pura chases and sales transactions. (For specific identification, units sold consist of 600 units from beginning inventory, 300 from the February 10 purchase, 200 from the March 13 purchase, 50 from the August 21 purchase, and 250 from the September 5 purchase.) Date Activities Units Sold at Retail Units Acquired at Cost 600 units @ $45.00 per unit 400 units @ $42.00 per unit 200 units @ $27.00 per unit Jan. 1 Feb. 10 Mar. 13 Mar. 15 Aug. 21 Sep. 5 Sep. 10 Beginning inventory... Purchase Purchase. Sales Purchase.. Purchase Sales ... Totals. 800 units @ $75.00 per unit 100 units @ $50.00 per unit 500 units @ $46.00 per unit 1.800 units 600 units a $75.00 per unit 1,400 units ysical inventory of Liverpool Company taken at December 31 reveals the following. Units Problem 6-5A Lower of cost or market P2 Cost per Unit Market per Unit 345 260 $ 90 $ 98 Car audio equipment Speakers Stereos Amplifiers Subwoofers Security equipment Alarms Locks Cameras Binocular equipment Tripods Stabilizers Required 1. Compute the lower of cost or market for the inventory applied separately to each item. 2. If the market amount is less than the recorded cost of the inventory, then record the LCM adjustment to the Merchandise Inventory account. Check (1) $273.054