6. 9. 7. 8. Nos. 7 and 8 are based on the following data. The following data were taken from the inventory records of PC Shop for January relating to one of its inkjet printers: PC Campus recorded the following data pertaining to one of its inventory items during January 2006. January 1, 2006 - Inventory, 80 units @ P20,000 January 8, 2006 - Sold 40 units January 30, 2006 - Purchased 120 units @P24,000 What is the moving average unit cost of this item at January 31, 2006? a. P22,000 C. P23,000 b. P22,400 d. P24,000 h January 1, balance Purchase, January 5 Purchase, January 24 Sales: January 31, balance a. b. What is the inventory value at January 31 under the average method, assuming that the company maintains perpetual inventory records? (Round off unit cost to nearest peso.) P26,174 P24,725 24 units @ P1,075 19 units @ P1,135 38 units @ P1,180 22 units on January 8; 36 units on January 30 23 units a. b. P27,140 P26,489 What is the inventory value at January 31, under the average method, assuming that the company does not maintain perpetual inventory records? (Round off unit cost to nearest peso.) P27,140 P26,489 January February March C. d. P25,800 21,565 44,840 C. d. The inventory records of PC Sales show the following purchases during its first quarter operations: - 15,000 units P187,500 - 20,000 units 240,000 167,700 - 13,000 units P26,174 P24,725 The March 31, inventory using the weighted average method is P279,000. What is the March 31 inventory using the periodic first-in, first-out method? P281,700 a. C. P279 000 d P277,500 P275 500