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Peluche Company has the following information regarding its inventory for the second year of operations....

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Accounting

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Peluche Company has the following information regarding its inventory for the second year of operations. Sales in units Units 35,000 Unit Cost $3.25 45,000 100,100 3.45 3.60 145,000 Transactions Beginning Inventory, January 1 Purchases February 8 March 15 Units sold - April 22 at $10 Purchases June 19 Units sold - August 11 at $14 Purchases September 20 October 30 Units sold - December 21 at $17 102,500 4.50 115,000 15,000 40,000 4.60 4.75 45,500 Required: A. Compute the ending inventory and cost of goods sold under each of the following cost-flow assumptions assuming a perpetual inventory system. (Round your answers to two decimal places.) Ending Inventory Cost of Goods Sold Cost-flow assumption FIFO LIFO Moving Average B. Compute the ending inventory and cost of goods sold under each of the following cost-flow assumptions assuming a periodic inventory system. (Round your answers to two decimal places.) Cost of Goods Sold Ending Inventory Cost-flow assumption FIFO LIFO Weighted Average

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