ENYPHEN CORP. had 1,000 units of Product E on hand at August 1, costing P25 each. Sales and purchases of Product E during the month of August were as follows:

1. The cost of goods sold and the ending inventory balance using FIFO method shall be _________

A. 16,000 and 66,112

B. 16,000 and 50,112

C. 19,042 and 47,070

D. 19,042 and 47,718

2. The cost of goods sold and the ending inventory balance using AVERAGE-PERIODIC method shall be _________

A. 19,042 and 44,245

B. 19,042 and 47,070

C. 21,867 and 44,245

D. 21,867 and 46,422

3. The cost of goods sold and the ending inventory balance using AVERAGE-PERPETUAL method shall be _________

A. 21,867 and 44,245

B. 21,867 and 46,422

C. 19,042 and 47,070

D. 19,042 and 47,718

\begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ SALES } & \multicolumn{3}{c|}{ PURCHASES } \\ \hline DATE & UNITS & UNIT COST & DATE & UNITS & UNIT COST \\ \hline 8/5 & 450 & 57 & 8/2 & 300 & 45.60 \\ \hline 8/9 & 210 & 54 & 8/25 & 650 & 43.20 \\ \hline 8/15 & (20) & 57 & 8/26 & (15) & 43.20 \\ \hline \end{tabular}