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Coronado Company's record of transactions for the month of April was as follows. + 00...

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Accounting

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Coronado Company's record of transactions for the month of April was as follows. + 00 Purchases April 1 (balance on hand) 960 @ $6.00 2,400 @ 6.08 1,280 @ 6.40 1,920 @ 6.50 1,120 @ 6.60 800 a 6.79 8,480 Sales April 3 800 @ $10.00 9 2,240 @ 10.00 11 960 @ 11.00 23 1,920 @ 11.00 27 1,440 @ 12.00 7,360 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit 6.37 per unit LINK TO TEXT Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to O decimal places, e.g. 2,760.) LIFO $ Average-cost $ LINK TO TEXT Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to 0 decimal places, e.g. 2,760.) (1) (2) LIFO FIFO Inventory $ LINK TO TEXT Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to 0 decimal places, e.g. 2,760.) Cost of goods sold LINK TO TEXT In an inflationary period, which inventory method-FIFO, LIFO, average-cost-will show the highest net income? inventory method will show the highest net income

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