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Bonita Companys record of transactions for the month of April was as follows. Bonita Company's record of transactions for the month of April was as

Bonita Companys record of transactions for the month of April was as follows.

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Bonita Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 780 @ $6.00 1,950 @ 6.08 1,040 @ 6.40 1,560 @ 6.50 910 @ 6.60 650 @ 6.79 6,890 Sales April 3 650 @ $10.00 9 1,820 @ 10.00 11 780 @ 11.00 23 1,560 @ 11.00 27 1,170 @ 12.00 5,980 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per units 6.35 per unit LINK TO TEXT Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to O decimal places, e.g. 2,760.) LIFO Average-costs LINK TO TEXT Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to 0 decimal places, e.g. 2,760.) (1) FIFO (2) TEO Inventory s LINK TO TEXT Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to 0 decimal places, e.g. 2,760.) Cost of goods sold LINK TO TEXT In an inflationary period, which inventory method-FIFO, LIFO, average-cost-will show the highest net income? inventory method will show the highest net income Click if you would like to Show Work for this question: Open Show Work

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