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Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The

Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The hockey stick sells for $130.

Description Units Unit Cost
Mar. 1 Beginning Inventory 23 $ 48
Mar. 3 Purchase 68 $ 53
Mar. 6 Purchase 118 $ 58
Mar. 17 Sale 63
Mar. 23 Purchase 66 $ 58
Mar. 31 Sale 156

Required: Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. (Do not round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.)

Cost of Goods Sold Ending Inventory
1. FIFO
2. Moving weighted average

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