AU Company has the following inventory transactions for the month of March:

	Units	Unit Cost
Beginning, Mar. 1	10,000	15
Purchases, Mar. 10	20,000	18
Sold, Mar. 15	15,000
Purchases, Mar. 18	5,000	23
Sold, Mar. 25	6,000

The company uses the perpetual inventory system. Determine the cost of inventory on March 31 and cost of goods sold under:

Inventory Cost Flow	Ending Inventory	Cost of Goods Sold
First in, first out (FIFO)
Moving Average
Last in, first out (LIFO)