4. How much are the ending inventory and cost of sales under the Weighted Average cost formula? (The average is calculated as each additional purchase is made, i.e., 'moving average') Ending Inventory a. 116,832 b. 116,382 c. 118,685 Cost of Sales 207,918 207,918 205,615 d. 116,495 Lower of Cost and NRV 207,805 5. Information on ABC Co.'s December 31, 20x1 inventory is shown below: Product A Product B Product C Purchase price P100,0 250,000.0 300,00 00 0 0 12,00 30,00 36,00 Freight-in 0 0 210,00 300,000.0 570,00 Selling price 0 10,50 75,000.0 11,40 Freight-out 0 0 6,30 9,00 17,10 General overhead costs 0 0 0 How much is the valuation of ABC's total inventory on December 31, 20x1? a. 983,100 b. 938,100 c. 763,000 d. 673,000