Perry Manufacturing Company provided the following information regarding its inventory transactions for the current year.

Determine the ending inventory and cost of goods sold Perry should report assuming the firm uses the moving- average cost method (perpetual basis). Round per unit cost to two decimal places.

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Total Cost Transaction Beginning inventory 1/1 Purchases and Sales February 8 June 24 Units Sales in Units Unit Cost 8.000 S16 $128,000 4,000 1,800 13,800 21 4.000 41,400 $253,400 23 Subtotal September 18 December 24 Total available for sale Units sold September 18 5,500 3,000 16,900 (5,500) 11.300 26 78.000 $331.400 Ending inventory