a) Compute the inventory at April 30 and the cost of goods sold during April on each of the following bases. Assume that the perpetual inventory records are kept. Carry units to the nearest cent.

1) First-in, First-out (FIFO)

2) Last-in, First-out (LIFO)

3) Average Cost

Hull Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales Quantity: Unit Cost: Quantity: (Balance on hand) 110 $26.00 Apr 5 290 Apr 4 420 26.20 Apr 12 200 280 26.30 Apr 27 310 210 26.40 Apr 1 Apr 11 Apr 18