View Policies Current Attempt in Progress The following inventory transactions took place for Cullumber Ltd. for the year ended December 31, 2020: Date Jan 1 Jan 5 Feb 15 Mar 10 May 20 Aug 22 Sep 12 Nov 24 Dec 5 Event opening inventory sale purchase purchase sale purchase sale purchase sale Quantity 19.920 5,840 34,800 10.160 42.200 15.100 20.200 8,700 16,300 Cost/ Selling Price $38.95 73.00 39.75 49.00 73.00 45.80 73.00 46.40 73.00 Calculate the ending inventory balance for Cullumber Ltd., assuming the company uses a perpetual inventory system and the moving average cost formula. Also calculate the per-unit cost of the last item sold. (Round unit costs to 2 decimal places, eg. 52.75 and ending inventory to O decimal places, eg 5,275) $ Ending inventory Unit cost of the last item sold $ e Textbook and Media