The following information was available from the inventory records of Cam Co. for the month of February:

a. Assuming that Cam Co. maintains perpetual inventory records, what should be the inventory at February 28, using the moving-average inventory method, rounded to the nearest peso?

Units 18,000 Unit Cost P13.50 Balance at Feb. 1 Purchases: February 9 February 21 Sales: February 14 February 27 6,500 8,000 15.00 18.50 10,000 7,500