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Problem 8-04 (Part Level Submission) Whispering Company's record of transactions concerning part X for the...

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Accounting

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Problem 8-04 (Part Level Submission) Whispering Company's record of transactions concerning part X for the month of April was as follows. Sales April Purchases 1 (balance on hand) 4 April 5 500 400 11 300 600 @ 500 @ 400 @ 800 @ 400 @ $6.10 6.20 6.50 6.50 6.80 7.10 12 27 28 18 1,200 150 26 30 (a) Your answer is correct. Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, e.g. 2.7682.) Average-cost per unit 6.56 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT (a2) x Your answer is incorrect. Try again. Compute 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.) (1) FIFO (2) LIFO (3) Average-cost $ Ending Inventory Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSWER The parts of this question must be completed in order. This part will be available when you complete the part above

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