Current Attempt in Progress The following inventory transactions took place for Cullumber Ltd. for the year ended December 31, 2020: Cost/ Selling Price Date Event Quantity Jan 1 opening inventory 20,040 $ 40.45 Jan 5 sale 5,980 73.00 Feb 15 purchase 34,700 42.25 Mar 10 purchase 10,300 47.00 May 20 sale 41,700 73.00 Aug 22 purchase 14,300 43.40 Sep 12 sale 20,300 73.00 Nov 24 purchase 10,300 50.50 Dec 5 sale 15,400 73.00 Calculate the ending inventory balance for Cullumber Ltd., assuming the company uses a perpetual inventory system and the moving- average cost formula. Also calculate the per-unit cost of the last item sold. (Round unit costs to 2 decimal places, eg. 52.75 and ending inventory to 0 decimal places, e.g. 5,275.) $ Ending inventory Unit cost of the last item sold $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit