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Use the following information to answer the questions which follow. The Mahomes Company has the following inventory and credit purchases during the fiscal year ended

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Use the following information to answer the questions which follow.
The Mahomes Company has the following inventory and credit purchases during the fiscal year ended Descember 31.
\table[[Beginning,514 units @ $87/unit],[Feb.10,260 units @ $84/unit],[Aug.21,140 units @ $97/unit]]
Mahomes Company has two credit sales during the period. The units have a selling price of $147 per unit.
Sales
Mar. 15,340 units
Sept. 10,245 units
Mahomes Company uses a perpetual inventory system.
Calculate the dollar value of cost of goods sold and ending inventory using FIFO and Moving Weighted Average - Input the correct values in the tables below with two decimal places:
Table 1: FIFO - perpetual
Date
Purchases
Sales (at cost
Balance
Units
Beginning
Unit Cost
Total Cost
Units
Unit Cost Inventory
January 1
February
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