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The following data are available on flow inventory during 2020 for the Dumber company which use perpetual system: Data # units purchased Unit cost data

The following data are available on flow inventory during 2020 for the Dumber company which use perpetual system:

Data

# units purchased

Unit

cost

data

sold

1/1/2020

9000

15

30/1/2020

12000@$40

10/1/2020

25000

19

01/02/2020

(2000)@40

11/1/2020

(4000)

19

9/5/2020

15000@33

8/4/2020

10000

18.4

11/6/2020

7000@27

13/6/2020

14000

14.5

23/10/2020

9000@34

21/9/2020

6000

18.00

27/12/2020

8000@22

26/12/2020

3000

21.75

Required: Calculate the ending inventory under moving perpetual at FIFO and weighted average methods?

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