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Sopart Question 2 Marted out of 100 P Eestion Perpetual System- Calculating Ending Inventory and Cost of Sales using Moving Average, FIFO, and LIFO April

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Sopart Question 2 Marted out of 100 P Eestion Perpetual System- Calculating Ending Inventory and Cost of Sales using Moving Average, FIFO, and LIFO April ine maintains a perpetual inventory system and recorded the following information for the month of January Date La Unit Cost Inventory, January 190 $10.50 Purchase, January 10 80 12.00 Purchase, jaruary 20 40 13.25 Purchase. January 28 120 14.00 Sale, January Sale, January 13 Sale, January 31 54 Inventory, January 31 226 100 Required Compute ending inventory and cost of goods sold for the month ending January 31 using the method inditated below. Note: Round your final answers to the nearest dollar Note: Do not round costs per unit in your calculations Ending Inventory COGS 1. Moving average methods 2. FIFO method 3. UFO method Check

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