The Mann Corporation began operations in 2015.Information relating to the company’s purchases of inventory and sales of products for 2015 and 2016 is presented below.

Calculate the weighted-average cost of goods sold and ending inventory for 2015 and 2016 assuming use of

(a) the periodic method and

(b) the perpetual method.

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Sales. Cost of goods sold. Net income. Inventory. Current assets Current liabilities. Company X Company Z $100,000 $100,000 47,500 56,400 29,000 18,600 19,000 8,600 64,000 53,600 21,000 21,000