& >te chegg Study l Guided Sc VD Book2.xisx I https://moodle.hcc.edu/mod/quiz/attempt.php?attempt-919409&cmid-988588 PROBLEM Il: 35 POINTS Date Units Acquired at Cost Units Sold at Retail Mar. Beginning inventory. Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase . Mar 25 Purchase.... Mar. 29 Sales 100 units @ $50.00 per unit 400 units @ $55.00 per unit 420 units @ s85.00 per unit 120 units@ $60.00 per unit 200 units @ $62.00 per unit 160 units $95.00 per unit 580 units Totals .. 820 units REQUIRE: 1. Assume Santos uses a Perpetual Inventory System. Determine the costs assigned to ending inventory and to cost of good sold using: (a) FIFO (b) LIFO (c)MOVING AVERAGE 2. Assume Santos uses a Periodic Inventory System. Determine the costs assigned to ending inventory and to cost of goods sold using: (a) LIFO (b) WEIGHTED-AVERAGE