3 questions

Assuming that perpetual inventory records are kept in units only, the ending inventory on an average cost basis, rounded to the nearest dollar is? a)6,144 b)6,357 c)6,435 d) 6,483 Which method may be used to record a loss due to a price decline in the value of inventory? Why are inventories included in the computation of net income? Assuming that perpetual inventory records are kept in units only, the ending inventory on an average cost basis, rounded to the nearest dollar is? a)6,144 b)6,357 c)6,435 d) 6,483 Which method may be used to record a loss due to a price decline in the value of inventory? Why are inventories included in the computation of net income