Garrett Company has the following transactions during the months of April and May:

Date	Transaction	Units	Cost/Unit
April 1	Balance	500
17	Purchase	200	$5.10
25	Sale	150
28	Purchase	100	5.70
May 5	Purchase	250	5.10
18	Sale	300
22	Sale	50

The cost of the inventory on April 1 is $5, $4, and $2 per unit, respectively, under the FIFO, average, and LIFO cost flow assumptions.

Required:

1. Compute the costs of goods sold for each month and the inventories at the end of each month for the following alternatives:
   1. FIFO periodic

      	Cost of Goods Sold	Ending Inventory
      April	$	$
      May	$	$

   2. FIFO perpetual

      	Cost of Goods Sold	Ending Inventory
      April	$	$
      May	$	$

   3. LIFO periodic

      	Cost of Goods Sold	Ending Inventory
      April	$	$
      May	$	$

   4. LIFO perpetual (Round your intermediate calculations to the nearest cent.)

      	Cost of Goods Sold	Ending Inventory
      April	$	$
      May	$	$

   5. Weighted average (Round unit costs to 4 decimal places and final answer to the nearest dollar.)

      	Cost of Goods Sold	Ending Inventory
      April	$	$
      May	$	$

   6. Moving average (Round unit costs to 2 decimal places. Round your final answers to nearest dollar.)

      	Cost of Goods Sold	Ending Inventory
      April	$	$
      May	$	$

2. Reconcile the difference between the LIFO periodic and the LIFO perpetual results. If an amount is zero, enter "0".

   April	Cost of Goods Sold	Ending Inventory
   Difference	$	$
   May	Cost of Goods Sold	Ending Inventory
   Difference	$	$