Whispering Company's record of transactions concerning part X for the month of April was as...
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Whispering Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1 (balance on hand) 300 @ $6.10 April 5 500 4 600 6.20 12 400 11 500 @ 6.50 27 1,200 18 400 6.50 28 150 26 800 6.80 30 400 @ 7.10 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 decimal places, e.g. 6,548.) (1) FIFO (2) LIFO (3) Average-cost 1 $ $ Save for Later Attempts: 0 of 1 used Submit
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