Homework: Homework 4 (Inventory) Save Score: 1.33 of 4 pts 2 of 5 (3 complete) HW Score: 25.81%6, 4.9 of 19 pts %E10-1 (final answer) Question Help Chris Tinsley Associates provided the following information regarding its inventory for the current year, its Requirement second year of operations. Compute Chris Tinsley's ending inventory and cost of goods sold under each of the following cost-flow (Click the icon to view the information) methods assuming that the company uses a perpetual inventory system (round your answer for cost per un to two decimales Moving Average b. FFO LIFO Requirement a Compute Chris Tinsley's ending invertory and cost of goods sold under the moving average collow method assuming at the company uses a perpetual inventory system (Round any interim cost per unit amounts to the newest cont.) Under the average-cost method, Chris Tinsley's total cost of ending inventory is $ and the cost of goods sold for the year is s Sales in Transaction Units Units Unit Cost Total Cost 15,000 $ 13 $ 195,000 Beginning inventory 1/1 Purchases February 8 18 22,000 18,000 396,000 450,000 March 15 25 Subtotal 55,000 $ 1,041,000 47,500 Units Sold - April 2 at $37 April 30 31 35,000 12,000 1,085,000 396,000 July 15 33 102,000 $ 2,522,000 Subtotal Units Sold - September 1 at $50 November 9 26,500 35,500 32 1,136,000 $ 3,658,000 Total available for sale Total units sold 137,500 (74,000) 63,500 Ending inventory