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Question 2 View Policies Current Attempt in Progress In its first month of operations, Splish Brothers Inc. made three purchases of merchandise in the following sequence: (1) 310 units at $7, (2) 410 units at $9, and (3) 510 units at $10. Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit cost $ e Textbook and Media List of Accounts Compute the cost of the ending inventory under the average-cost method, assuming there are 210 units on hand at the end of the period. (Round answer to 0 decimal places, e.g. 125.) The cost of the ending inventory $ --/1 Question 2A View Policies Current Attempt in Progress Winnebago Industries, Inc. is a leading manufacturer of motor homes. Suppose Winnebago Industries, Inc. reported ending inventory at August 29, 2017, of $46,239,000 under the LIFO inventory method. In the notes to its financial statements, assume Winnebago Industries, Inc. reported a LIFO reserve of $31,563,000 at August 29, 2017. What would Winnebago Industries, Inc.'s ending inventory have been if it had used FIFO? 2017 ending inventory assuming FIFO $ Question 3 View Policies Current Attempt in Progress Flounder Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 73 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 29 $261 Purchase $9 10 11 230 24 Purchase 385 Total $876 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ e Textbook and Media Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at May 31 $

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