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Ri! Manga Read n t N Manga Read c KissAnime Watch Onir Breaking News. Da Y ahoo QUESTION 2 Not complete Marked out of 1 P Flag question 3: PO3 CRN 20534 Accounting SP17 inventory costing Methods Perpetual Method Chen Sales Corporation uses the perpetual system. On January 1, 2012, Chen had: 1,000 units of product A with a unit cost of $21 per apter 1 unit. A summary of purchases and sales during 2012 follows: Unit Units Units hapter 2 Cost Purchased Sold Feb.2 apter 3 Apr 23 1800 apter 4 July 10 1,600 Aug. 27 hapter 5 hapter 6 Dec 30 30 1,200 hapter 7 Required a. Assume that Chen uses the first-in, first-out method, compute the cost of goods sold for 2012 and hapter 8 the ending inventory balance at December 31, 2012, for product A hapter 9 b, Assume that Chen uses the last in first-out method. Compute the cost of goods sold for 2012 and the ending inventory balance at December 31, 2012, for product A. hapter 10 c Assume that Chen uses the weighted average cost method compute the cost of goods sold for 2012 and the ending inventory balance at December 2012 forproduct A Do not round until your final answers. Round to the nearest dollar