Question: Zoola, Inc. provided the following information regarding its inventory for the current year, its second year of operations. Compute Zoolas ending inventory and cost of

Zoola, Inc. provided the following information regarding its inventory for the current year, its second year of operations.

Zoola, Inc. provided the following information regarding its inventory for

Compute Zoola€™s ending inventory and cost of goods sold under each of the following cost-flow methods assuming the company uses a perpetual inventory system ( round your answer for cost per unit to two decimal places):
a. Moving Average
b. FIFO
c. LIFO

Transaction Beginning inventory 1/1 Purchases, January 23 Purchases, February 14 Purchases, March 17 Units 3,000 4,500 1,200 2,300 9.600 5,600 3,200 8,700 1,400 Unit Cost S1700 16.00 16.50 1700 Units Sold April 13 at $20 Purchases, May 5 Purchases, July 4 15.00 16.00 Units Sold - October 31 at $19 Purchases, November 22 15.00

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