Periodic and Perpetual SystemsCalculating Ending Inventory and Cost of Sales using Average Cost (Moving Average), FIFO, and LIFO Undew Inc.'s inventory records showed the following data for an item it sells regularly. Date Units Unit Cost Jan 1 Inventory 800 $10.00 Purchases 7,200 10.40 Sales (at $26 per unit) 2,800 Jan 20 Purchases 2,400 11.00 Jan 22 Sales (at $27 per unit) 6,400 Jan 30 Purchases 1,200 12.00 Jan 3 Jan 7 Note: Round your final answers only to the nearest dollar. Note: Do not round the cost per unit amounts in your calculations. Perpetual Inventory System Ending Inventory COGS 1. Moving average method. 54,149 X $ 193,211 x 2. FIFO method. 27,600 96,080 3. LIFO method. 53,120 x 194,240 x $