The following purchases and sales for Ripple Company are for April 1999. There was no inventory on April 1.

a. Compute the ending inventory as of April 30, 1998, using perpetual inventory procedure, under each of the following methods: (1) FIFO, (2) LIFO, and (3) weighted-average (carry unit cost to four decimal places and round total cost to nearest dollar).

b. Repeat a using periodic inventory procedure.

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Purchases Sales Unit Units Cost Units April 3 .. 3,200 $33.00 April 6 1,500 April 10 1,600 @ 34.00 April 12 1,400 April 22 2,000 @ 35.00 April 25 2,300 April 28 1,800 @ 36.00