Current Attempt in Progress Waterway Company's record of transactions for the month of April was as follows. Purchases April 1 balance on hand) 1,380 @ $6.00 3,450 608 1.840 6.40 2,760 6.50 1610 @ 6.60 1.150 6.79 12.190 Sales April 3 1.150 $10.00 9 220 1000 11 1,300 11.00 232.760 @ 11.00 27 2.070 12.00 10.580 Assuming that periodic inventory records are kept in units only. calculate the average cost per unit. (Round answer to 2 decimal places 2.760 Average-cost per unit $ per unit Assuming that periodic Inventory records are kept in units only compute the inventory M Apr 30 using LIFO and average cost. Round answer to decimal places 2.760J LIFO Average cost $ Assuming that perpetual inventory records we kept in dollars, determine the inventory using (1) FIFO and (2) LIFO Round answer to decimal places, 2760 FIFO Inventory S Compute cost of goods sold assumine periodic inventory procedures and inventory priced FIFO. Round answer to decimal places. 2760 Cost of goods sold 5 In an inflationary period, which inventory method-FO, UFO, -cost-will show the highest reincome inventory method will show the highest net income