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Some of the information found on a detail inventory card for Whispering Inc. for the first month of operations is as follows. Date January 2 500 700 Received Issued, Balance, No. of Units Unit Cost No. of Units No. of Units 1,300 $3.93 1,300 800 4.19 1,200 600 600 1,100 4.32 400 1,300 1,100 200 1.400 4.45 1,600 900 700 1,700 4.59 2,400 1,400 1,000 Your answer is correct. Calculate average cost per unit. (Round answer to 2 decimal places, e8, 2.76.) Average-cost per unit $ e Textbook and Media ashboard MyChart Test https://www.seal My Health Record. W PLUS Your answer is correct. From these data compute the ending inventory on each of the following bases. Assume that perpetual Inventory records are kept in units only (11 First-in, first-out (FIFO).(2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to decimal places. . 6,548) FIFO (2) LIFO Average-cost Ending Inventory $ 4590 $ 4330 eTextbook and Media - Your answer is partially correct. If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, would the amounts shown as ending Inventory in (1), (2), and (3) above be the same? What amount would be shown as ending inventory? (Round average cost per unit to 4 decimal places e..2.7621 and final answers to decimal places, es 6,548.) (1) FIFO LIFO Would amount be same No Average-cost No Ending Inventory 4590 4388 e Textbook and Media MacBook Air

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