Ehlo Cmpany is a multiproduct frm. Presented below is information concerning one of its products, the Hawkeye.

Date Transaction Quantity Price/Cost

1/1 Beginning Inventory 1,000 $12

2/4 Purchase 2,000 18

2/20 Sale 2,500 30

4/2 Purchase 3,000 23

11/4 Sale 2,200 33

Required:

Compute the value of ending inventory and cost of goods sold, assuming Ehlo uses:

a) perpetual system, FIFO cost flow.

b) perpetual system, LIFO cost flow.

c) perpetual system, moving-average cost flow.