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Compute the inventory at April 30 on each of the following bases. Assume that perpetual...

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Accounting

imageCompute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to 0 decimal places, e.g. 6,548.)

Splish Company's record of transactions concerning part X for the month of April was as follows. April Purchases 1 (balance on hand) 4 April 430 @ $7.40 730 @ 7.50 630 @ 7.80 530 @ 7.90 930 @ 8.30 530 @ 8.60 Sales 5 630 12 530 27 1,460 28 150 11 18 26 30

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