MetaMetaPina Colada Appliance uses a perpetual inventory system. For its flat$-$screen television sets, the January $1$ inventory was $3$ sets at

$$630$ each. On January $10,$ Pina Colada purchased $7$ units at $$670$ each. The company sold $2$ units on January $8$ and $4$ units on January

$($a$)$

Your answer is correct.

Compute the ending inventory under FIFO.

eTextbook and Media

$($b$)$

Compute the ending inventory under LIFO.

$($c$)$

Your answer is incorrect.

Compute the ending inventory under moving$-$average cost. $($Round average$-$cost per unit to $3$ decimal places, e$.$g$.12\mathrm{.}521$ and final

answer to $0$ decimal places, e$.$g$.1,250.)$

MOVING$-$AVERAGE COST

The ending inventory

$