3) Quac Company's record of transactions concerning part Z for the month of November was as follows.

3) Quac Company's record of transactions concerning part Z for the month of November was as follows. Purchases Sales November 1 (balance on hand) 100 @ $5.00 November 5 300 4 300 @ 5.10 12 200 11 300 @ 5.30 27 800 18 200 @ 5.35 28 150 26 500 @ 5.60 30 200 @ 5.80 Instructions 20 marks (2 marks each) a. Calculate the closing inventory and the COGS at November 30 - 1. First-in, first-out (FIFO) 2. Average cost b Calculate the GP$, GP% and MU % for both FIFO and moving average cost