When valuing ending inventory under a perpetual inventory system, the

		valuation using FIFO is the same as the valuation using FIFO under the periodic inventory system.
		weighted average cost method requires that a new weighted average unit cost be calculated after every sale.
		valuation using weighted average is the same as the valuation using weighted average under the periodic inventory system.
		most recent units purchased during the period using FIFO are allocated to the cost of goods sold when units are sold.