E10-1. Moving Average, FIFO, LIFO. [Learning Objective 3] Arthur Lloyd Associates provided the following information regarding its inventory for the current year, its second year of operations. Transaction Beginning inventory 1/1 Purchases February 8 March 15 Subtotal Units sold - April 2 at $41 April 30 July 15 Subtotal Units sold - September 1 at $47 November 9 Total available for sale Total units sold Ending inventory Units 10,000 23,000 18,600 51,600 Sales in Units Unit Cost $18 20 22 Total Cost $ 180,000 460,000 409,200 $1,049,200 49,500 37,000 12,400 101,000 28 31 26,000 34,500 135,500 (75,500) 60,000 29 1,036,000 384,400 $2,469,600 1,000,500 $3,470,100 Compute Arthur Lloyd's ending inventory and cost of goods sold under each of the following cost-flow methods assuming that the company uses a perpetual inventory system (round your answer for cost per unit to two decimal places): a. Moving Average