a) assuming that periodic inventorh records are kept in units only, CalcuLage the average-cost per unit

b) assuming that periodic inventorh records are kepts in units only, compute the inventorh at April 30 using LIFO and average-cost.

LIFO $? Average cost?

c) assuming that perpetual inventorh records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO ?

d)compute cost of goods sold assuming periodic inventory procedures and inventorh priced FIFO?

> cost of goods sold $?

f) in an inflationary period, which inventory method - FIFO, LIFO, average cost- will show the highest net income?

> average-cost FIFO, LIFO

> inventory method will show the highest net income

Current Attempt in Progress Splish Company's record of transactions for the month of April was as follows