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I don't understand it The records at the end of January 2020 for All Star Company showed the following for a particular kind of merchandise:

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The records at the end of January 2020 for All Star Company showed the following for a particular kind of merchandise: Inventory, December 31, 2019 at FIFO: 29 units @ $13.0 = $377.00 Inventory, December 31, 2019 at weighted average: 29 units @ $11.0 = $319.00 Transactions Units Unit Cost Purchase, January 9, 2020 Total Cost 35 Purchase, January 20, 2020 $16. 00 $ 560.00 60 17.00 Sale, January 11, 2020 (at $39.0 per unit) 1, 020. 00 50 Sale, January 27, 2020 (at $40.0 per unit) 38 Required: 1-a. Compute the inventory turnover ratio under the FIFO and weighted-average inventory costing methods and a perpetual inventory system. (Round all calculations to 2 decimal places. Round the final answers to 2 decimal places.) Inventory Turnover Ratio FIFO times Weighted average times

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