Question 2 of 5 0.6/2 View Policies Show Attempt History Current Attempt in Progress Novak...

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Question 2 of 5 0.6/2 View Policies Show Attempt History Current Attempt in Progress Novak Company's record of transactions for the month of April was as follows. Sales Purchases April 1 (balance on hand) 1,740 $6.00 April 3 1,450 @ $10.00 4 4,350 @ 6.08 9 4,060 @ 10.00 8 00 2.320 @ 6.40 11 1,740 @ 11.00 13 3,480 @ 6.50 23 3,480 @ 11.00 21 2,030 @ 6.60 27 2.610 @ 12.00 29 1.450 @ 6.79 13,340 15,370 (21) Your answer is correct. Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, eg. 2.76.) Question 2 of 5 0.6/2 (21) Your answer is correct Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, eg. 2.76.) Average-cost per unit $ 6.35 per unit e Textbook and Media Attempts: 1 of 3 used (22) Your answer is partially correct. Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to decimal places, eg. 2,760.) LIFO $ 12203 Average-cost $ 12890 Question 2 of 5 0.6/2 iii LIFO 12203 Average-cost $ 12890 e Textbook and Media Attempts: 2 of 3 used Submit Answer Save for Later Last saved 21 hours ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. (b) Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to decimal places, eg. 2,760.) (1) FIFO (2) LIFO Inventory $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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