The following information is for the inventory of mini-kettles at Bridgeport Company Limited for the month of May. Total Date May 1 Units Unit In Cost 130 $4.00 850 4.20 $2,516 2,584 Transaction Balance Purchase Sale Sale Purchase Sale Purchase Sale Purchase Sale 420 4.80 Units Unit Total Sold Price $520 3,570 340 $7.40 340 7.60 2,016 240 8.00 1,380 420 7.80 2,530 240 7.60 $10,016 1,580 1,920 300 550 4.60 4.60 3,276 Sale 1,824 $12,120 Totals 2,250 Your answer is correct. Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under FIFO. _ Ending inventory $ 3082 SHOW SOLUTION LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under moving average. (Round unit cost to 3 decimal places, e.g. 52.752 and final answer to 2 decimal places, e.g. 52.75.) 2982.542 Ending inventory $