The following information was available from the inventory records of Moen Company for January:

Units Unit Cost Total Cost

Balance at January 1 3,000 P9.77 P29,310

Purchases:

January 6 2,000 10.30 20,600

January 26 2,700 10.71 28,917

Sales:

January 7 (2,500)

January 31 (3,200)

Balance at January 31 2,000

1.) Assuming that Moen maintains perpetual inventory records, what should be the inventory at January 31, using the moving-average inventory method, rounded to the nearest peso?

2.) Assuming that Moen does not maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average inventory method, rounded to the nearest peso?