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Undew Inc.s inventory records showed the following data for an item it sells regularly.DateUnitsUnit CostJan....

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Accounting

Undew Inc.s inventory records showed the following data for an item it sells regularly.DateUnitsUnit CostJan. 1 Inventory (beg.)2,800$10.00Jan. 3 Purchases25,200$10.40Jan. 7 Sales (at $26 per unit)9,800Jan. 20 Purchases8,400$11.00Jan. 22 Sales (at $27 per unit)22,400Jan. 30 Purchases4,200$12.00 a. Assuming that Undew maintains a periodic inventory system, compute ending inventory and cost of goods sold for the month ending January 31 using (1) average cost, (2) FIFO, and (3) LIFO.b. Assuming that Undew maintains a perpetual inventory system, compute ending inventory and cost of goods sold for the month ending January 31 using (1) moving average, (2) FIFO, and (3) LIFO

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