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I answered parts one and two, but I am having trouble with part 3. Culver CompanVs record of transactions concerning part X for the month
I answered parts one and two, but I am having trouble with part 3.
Culver CompanVs record of transactions concerning part X for the month of April was as follows. Purchases April 1 (balance on hand) 310 Sales @ $6.20 4 11 18 26 30 Part 1 Part 2 Part 3 610 @ 510 @ 410 810 @ 410 6.32 6.57 6.63 6.94 7.19 April 5 12 27 28 510 410 1,220 150 X Your answer is incorrect. If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Rumd perunitt04decirrK11 e.s 27621 and final anMers to O decimal plas, e.g. FIFO LIFO Ending Inventory Average-cost 5114
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