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can I get answers for those questions, thank you very much Question 5 Nash Company's record of transactions for the month of April was as
can I get answers for those questions, thank you very much
Question 5 Nash Company's record of transactions for the month of April was as follows. April 1 (balance on hand) 672 @ $6.00 April 3 560 @ $11.00 4 1,680@ 6.08 9 1,568@ 11.00 8 896@ 6.41 11 672@ 12.00 13 1,344@ 6.51 23 1,344@ 12.00 21 784@ 6.61 27 1,008@ 13.00 29 560@ 6.79 5,152 5,936 El Your answer is incorrect. Try again. Assuming that periodic inventory records are kept In units only, calculate the averagecost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit El ........................................ per unit LINK TO TEXT E Your answer iS incorrect. Try again. Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to 0 decimal places, e.g. 2,760.) LIFO Average-cost $ ......................................... LINKTOTEXT ' El Your answer is incorrect. Try again. Assuming that perpetual Inventory records are kept in dollars, determlne the Inventory using (1) FIFO and (2) LIFO. (Round answer to 0 decimal places, e.g. 2,760.) EYour answer is incorrect. Try again. Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to o declmal places, e.g. 2,760. ) Cost of goods sold mm: $: l uNKTo TEXT IZIYour answer is incorrect. Try again. In an inationary period, which inventory method-FIFO, LIFO, average-costwill show the highest net income? nventory method will show the highest net Income. click if you would like to Show Work for this question: Qpen Show Work ' LINKTO TEXTStep by Step Solution
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