Problem 4: First-In First-Out vs Average lCosting The following information relates to Cristo lCompany's materials inventory for the month of March 2021. March 1 Beginning Balance 800 units at 5.00 5 Purchases 200 units at 6.00 6 Purchase Returns 50 units E! Purchases 200 units at 100 16 lssuances 400 units 22 Excess Materials 20 units 24 Purchases 300 units at 8.00 2? Issuances 500 units Compute the Ending Inventory. it: 13. The costs of materials are charged in order of occurrence 14. The costs of materials are charged at an average cost perpetually {round off to the nearest peso} 15. The costs of materials are charged at an average cost periodically (round off to the nearest peso}