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Crane Company's record of transactions for the month of April was as follows. April 1 (balance on hand) 8 13 21 29 Purchases Average-cost per
Crane Company's record of transactions for the month of April was as follows. April 1 (balance on hand) 8 13 21 29 Purchases Average-cost per unit eTextbook and Media LIFO Average-cost LA 300 @ LA LA 750 400 350 @ $6.00 6.08 600 @ 6.50 2,650 6.40 6.60 250 @ 6.79 April 3 9 11 23 27 Sales per unit 250 @ $10.00 700 300 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.) 600 @ 450 2,300 10.00 11.00 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.) 11.00 12.00
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