= Exercise 8-18 The following information is for the inventory of mini-kettles at Grouper Company Limited for the month of May. Units Unit Date May 1 Transaction Units Unit In Cost Total Sold Price Total 6 Balance 140 $4.40 Purchase 840 4.20 $616 3,528 7 Sale 320 $7.00 $2,240 10 Sale 320 7.60 2,432 12 15 Purchase 440 5.00 2,200 Sale 240 7.80 1,872 18 Purchase 350 4.80 1,680 22 Sale 440 7.60 3,344 25 Purchase 550 4.60 2,530 30 Sale 240 7.40 1,776 Totals 2,320 $10,554 1,560 $11,664 Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under FIFO. Ending inventory LINK TO TEXT LINK TO TEXT D Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under moving-average. (Round unit cost to 3 decimal places, e.g. 52.752 and final answer to 2 decimal places, e.g. 52.75.) Ending inventory s