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Indigo Inc. is trying to determine whether to use the FIFO or average cost formula. The accounting records show the following selected inventory information: The

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Indigo Inc. is trying to determine whether to use the FIFO or average cost formula. The accounting records show the following selected inventory information: The company accountant has prepared the following partial statement of income to help management understand the financial statement impact of each cost determination cost formula. The company accountant has prepared the following partial statement of income to help management understand the financial statement impact of each cost determination cost formula. Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the FIFO cost formula. Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the FIFO cost formula. Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the average cost formula. (Round "Cost" answers to 2 decimal places, e.g. 1.25 and other answers to the nearest whole dollar, eg. 5,275.) Your answer is partially correct. Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the average cost formula. (Round "Cost" answers to 2 decimal places, e.g. 1.25 and other answers to the nearest whole dollar, eg. 5.275.)

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