The following data are extracted from the records of an entity relating to an inventory item.

Units Unit cost Total cost

Jan. 1 Beginning balance 5,000 200 1,000,000
10 Purchase 5,000 250 1,250,000
15 Sale (7,000)
16 Sales return 1,000
30 Purchase 16,000 150 2,400,000
31 Purchase return (2,000) 150 300,000
Ending balance 18,000

REQUIRED:
Compute the cost of ending inventory and cost of goods available for sale using

1. FIFO – Periodic
2. Weighted Average – Periodic
3. Moving Average