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Current Attempt in Progress Presented below is information related to Blowfish radios for the Skysong Company for the month of July. Date July 1 6

Current Attempt in Progress Presented below is information related to Blowfish radios for the Skysong Company for the month of July. Date July 1 6 7 10 12 15 18 22 Transaction Units In 30 Balance Purchase Sale Sale Purchase Sale Purchase Sale 25 Purchase Sale Totals 160 1,280 640 480 800 3,360 Unit Cost $4.50 4.60 4.90 5.00 4.98 Total $720 5,888 3,136 2,400 3,984 $16,128 Units Sold Selling Price 480 480 320 640 320 2,240 $6.80 7.10 7.20 7.20 7.30 Total $3,264 3,408 2,304 4,608 2,336 $15,920
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Presented below is information related to Blowfish radios for the Skysong Company for the month of July. Assuming that the periodic inventory method is used, compute the inventory cost at July 31 under each of the following cost flow assumptions. (Round answers to 0 decimal places, es. 6,578.) (1) FIFO. (2) LIFO. (3) Average-cost

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