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Blossom Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1 (balance on hand) 420 @
Blossom Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1 (balance on hand) 420 @ $7.30 April 5 620 4 720 @ 7.40 12 520 11 620 @ 7.70 27 1,440 18 520 @ 7.80 28 150 22 26 920 @ 8.20 30 520 @ 8.50 (3) Average-cost 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 O decimal places, e.g. 6,548.) Ending Inventory eTextbook and Media (1) FIFO +A (2) LIFO +A
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