Problem 7-6 The following information concerns one of a company's products, the Hawkeye: Date Jan 1 Feb 5 Feb 20 Apr 2 Nov 4 Transaction Beginning Inventory Purchase Sale Purchase Sale Quantity 1,000 2,000 2,500 3,000 2,000 Price Cost $12 18 30 23 33 Required Calculate the value of the ending inventory assuming the company uses: (a) (b) periodic FIFO perpetual moving average