Perpetual System Calculating Ending Inventory and Cost of Sales using Moving Average, FIFO, and LIFO

April Inc. maintains a perpetual inventory system and recorded the following information for the month of January.

Required

Compute ending inventory and cost of goods sold for the month ending January 31 using the method indicated below.

Note: Round your final answers to the nearest dollar.

Note: Do not round costs per unit in your calculations.

	Ending Inventory	COGS
1. Moving average method.
2. FIFO method.
3. LIFO method.

Units Unit Cost 760 $10.50 320 12.00 13.25 Date Inventory, January 1 Purchase, January 10 Purchase, January 20 Purchase, January 28 Sale, January 5 Sale, January 13 Sale, January 31 Inventory, January 31 160 480 400 14.00 160 256 904