Perpetual: LIFO and Moving$-$Average

The beginning inventory, purchases, and sales for Myrl Sign Company for the month of April are shown.

Date Beginning Inventory and Purchases Sales

Units Cost$/$Unit Units

April $1($BI$)100$ $$4\mathrm{.}20$

$1004\mathrm{.}70$

$2004\mathrm{.}60$

April $204005\mathrm{.}30$

April $30640$

BI: Beginning Inventory

Required:

Calculate the total amount to be assigned to cost of goods sold for April and the ending inventory on April $30,$ under each of the following methods. In your calculations round the average unit cost to the nearest cent and answers to the nearest dollar.

Cost of Goods Sold Inventory on Hand

$1.$ Perpetual LIFO inventory method $fill in the blank $1$

$fill in the blank $2$

$2.$ Perpetual moving$-$average inventory method $fill in the blank $3$

$fill in the blank $4$