TuCo begins operations in 20X1 and uses the perpetual method and moving average costing. On January 4, TuCo buys 1, 200 units ofmerchandise @ $3. On January 8, it sells 300 units. On January 11, it buys 1, 100 units @ $4, and on January 30, it sells 600 units. OnJanuary 30, what does TuCo record as the cost of goods sold? a. $2, 430 b. $2, 130 c. $2, 400 d. $1, 800 XoCo, which begins business in May and uses the perpetual method and moving average costing, shows the following data: Purchases Sales May 4 1,000 @ $ 7 May11 400 @ $11 May 14 1, 400 @ 8 May 19 2,000 @ $10 May 21 1, 500 @ $15 The balance in XoCo's inventory account on May 31 is ellipsis a. $22, 125 b. $20, 833 c. $21, 705 d. $23, 875 MaCo begins operations in 20X1 and uses the periodic method and FIFO costing. In March, 20X1, MaCo buys 700 units @ $4; in July, it buys 2 700units @ $6, and in November, it buys 1, 600 units @ $8. The cost of the1, 900 units in MaCo's December 31 ending inventory is ellipsis a. $10,000 b. $15, 200 c. $14, 600 d. $7, 600