ASSIGNMENT 4 August 1 Inventory 400 units at 4,000 P10 12 Purchase 600 units at 7,200 P12 16 Issue 500 units 18 Purchase 300 units at 4,500 P15 20 Issue 200 units 25 Purchase 400 units at 5,600 P14 28 Issue 400 units 1. Using FIFO method, compute for the cost of issued materials on Aug 16, 20, 28 and the cost of the ending inventory. 2. Using the weighted average method, compute for the cost of the ending inventory. 3. Using the moving average method, compute for the cost of the issued