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1 Vaughn Company's record of transactions concerning part X for the month of April was as follows. Purchases April 1 (balance on hand) 250 4

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1 Vaughn Company's record of transactions concerning part X for the month of April was as follows. Purchases April 1 (balance on hand) 250 4 550 11 450 18 350 26 750 30 350 Sales April 5 450 12 350 27 1,100 150 $5.60 5.71 5.94 5.99 6.27 @ 28 @ 6.50 Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.) Average cost per unit $ 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, eg, $6,548.) (1) FIFO (2) LIFO (3) Average-cost Ending Inventory e Textbook and Media if the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, c.8. 2.7621 and final answers to decimal places, eg. 6,548.) (1) (2) (3) FIFO LIFO Average-cost Ending Inventory $ S Texthook and Medin

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