Date Purchase Date Sale

April 1 230 @ $5.40 April 5 430

April 4 530 @ 5.51 April 12 330

April 11 430 @ 5.72 April 27 1060

April 18 330 @ 5.78 April 28 150

April 26 730 @ 6.05

April 30 330 @ 6.26

Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.

Average-cost per unit: $5.82

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 0 decimal places, e.g. $6,548.)

(1) FIFO (2) LIFO (3) Average Cost

Ending Inventory