Phillip Malone Associates provided the following information regarding its inventory for the current year, its second year of operations. (Click the icon to view the information.) Requirement Compute Phillip Malone's ending inventory and cost of goods sold under each of the following cost-flow methods assuming that the company uses a perpetual inventory system (round your answer for cost per unit to two decimal places): a. Moving Average b. FIFO c. LIFO Requirement a. Compute Phillip Malone's ending inventory and cost of goods sold under the moving-average cost-flow method assuming that the company uses a perpetual inventory system. Begin by entering Phillip Malone's purchase and sale transactions in chronological order one line at a time, calculating a new moving-average cost per unit after every transaction. (Use a minus sign or parentheses for units sold or for a reduction in cost. Round your answer for cost per unit to the nearest cent.) Moving-average: Average Cost Units Purchased Unit Transaction (Sold) Cost Cumulative Units Total Cost Cumulative Cost Per Unit Beginning inventory Data table Sales in Transaction Units Units Unit Cost Total Cost Beginning inventory 1/1 15,000 $ 15 $ 225,000 Purchases February 8 27,000 March 15 18,100 Subtotal 60,100 19 513,000 416,300 23 $ 1,154,300 Units Sold - April 2 at $45 51,000 April 30 35,500 27 July 15 14,000 958,500 392,000 28 Subtotal 109,600 $ 2,504,800 Units Sold - September 1 at $44 23,000 Help me solve this Etext pages Get more help 36,500 912,500 November 9 25 wer $ 3,417,300 Total available for sale 146,100 Total units sold (74,000) Ending inventory 72,100