The records of Cordova Corp. showed the following transactions, in the order given, relating to the major inventory item: Units Unit Cost 1. Inventory 5,800 $ 6.80 2. Purchase 11,600 7.10 3. Sale (at $14.80) 8,200 4. Purchase 10,600 7.40 5. Sale (at $14.80) 17,400 6. Purchase 19,400 7.56 7. Sale (at $17.80) 17,400 8. Purchase 11,600 7.70 Required: Complete the following schedule for each independent assumption. (Round unit costs to the nearest cent.)

		Units	Unit Cost
1.	Inventory	5,800		$	6.80
2.	Purchase	11,600			7.10
3.	Sale (at $14.80)	8,200
4.	Purchase	10,600			7.40
5.	Sale (at $14.80)	17,400
6.	Purchase	19,400			7.56
7.	Sale (at $17.80)	17,400
8.	Purchase	11,600			7.70

Required: Complete the following schedule for each independent assumption. (Round unit costs to the nearest cent.)

ending inventory COGS GROSS margin

fifo

weighted average ,periodic inventory system

moving average, perpetual inventory system