Question:Oriole Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was3sets at $390each. On January 10, Oriole purchased6units at $460each. The company sold2units on January 8 and5units on January 15.

Compute the ending inventory under FIFO.(Round answer to 0 decimal places, e.g. 1,250.)

FIFO

The ending inventory$

Compute the ending inventory under LIFO.(Round answer to 0 decimal places, e.g. 1,250.)

LIFO

The ending inventory$

Compute the ending inventory under moving-average cost.(Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answer to 0 decimal places, e.g. 1,250.)

MOVING-AVERAGE COST

The ending inventory$