Problem - 1 Part Murdock Corporation sells item Z as part of its product line. The following table shows activities of item Z for the first three months of 2020: # of Units Date Purchased Sold Balance Cost Per Unit January 1 480.00 $2.40 January 28 1350.00 $2.50 February 15 300.00 March 16 610.00 $2.75 March 27 520.00 Required Compute the ending inventory and cost of goods sold under each of the following methods/cost flow assumptions: Perpetual LIFO Perpetual FIFO Perpetual (moving) average