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  3. x your answer is incorrect. coronado corp. had 1,8

X Your answer is incorrect. Coronado Corp. had 1,860 units of part M.O. on hand...

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Accounting

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X Your answer is incorrect. Coronado Corp. had 1,860 units of part M.O. on hand May 1, 2020, costing $29 each. Purchases of part M.O. during May were as follows. Units Units Cost May 9 2,360 3,860 1,360 $30 31 17 26 A physical count on May 31, 2020, shows 2,360 units of part M.O. on hand. Using the FIFO method, what is the cost of part M.O. inventory at May 31, 2020? Using the LIFO method, what is the inventory cost? Using the average-cost method, what is the inventory cost? (Round average cost per unit to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 1,620.) FIFO LIFO Average Cost Inventory Cost $C $C $ C e Textbook and Media * Your answer is incorrect. Whispering Company adopted the dollar-value LIFO method on January 1, 2020 (using internal price indexes and multiple pools). The following data are available for inventory pool A for the 2 years following adoption of LIFO. At Base-Year Cost At Current-Year Cost Inventory 1/1/20 $194,400 $194,400 12/31/20 225,100 247,610 12/31/21 256,100 289,393 Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory be reported at December 31, 2021? December 31, 2021 Price Index Dollar-value LIFO inventory $

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