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Part A) Part B) Prepare schedule to compute the ending inventory at March 31,...

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Accounting

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Part A) image

Part B) Prepare schedule to compute the ending inventory at March 31, 2020, under LIFO inventory method.

Part C) Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)

Part D) Compute the ending inventory at March 31, 2020, under Weighted-average inventory method. (Round answer to 0 decimal places, e.g. 2,760.)

Laura Hall Company was formed on December 1, 2019. The following information is available from Hall's inventory records for Product BAP. Units Unit Cost $8 1,560 9 January 1, 2020 (beginning inventory) Purchases: January 5, 2020 January 25, 2020 February 16, 2020 March 26, 2020 10 3,120 3,380 2,080 1,560 11 12 ? A physical inventory on March 31, 2020, shows 4,160 units on hand. Prepare schedule to compute the ending inventory at March 31, 2020, under FIFO inventory method. LAURA HALL COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost Purchases January 5, 2020 1,560 $ 8 $ Purchases January 25, 2020 3,120 9 Purchases February 16, 2020 - 3,380 10 Ending Inventory $ ta

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