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Concord Company's record of transactions concerning part X for the month of April was as follows. Purchases April 1 (balance on hand) @ 4 @
Concord Company's record of transactions concerning part X for the month of April was as follows. Purchases April 1 (balance on hand) @ 4 @ @ 240 540 440 340 740 340 Sales April 5 440 12 340 27 1,080 28 150 $5.50 5.60 5.80 5.90 6.20 6.40 11 18 26 30 @ @ @ (21) Your answer is correct. Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, e.g. 2.7682.) Average-cost per unit 5.9341 eTextbook and Media Attempts: 1 of 3 used (22) 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 decimal places, eg. 6,548.) (1) (2) (3) FIFO Average-cost Ending Inventory LIFO S $ $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b)
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