Jefferson Company's record of transactions concerning part x for the month of April was as follows

Purchases							Sales
April 1			390	@	$7.00		April 5		590
4			690	@	7.1		12		490
11			590	@	7.4		27		1,380
18			490	@	7.5		28		150
26			890	@	7.8
30			490	@	8.1

a, Calculate average- cost per unit. Assume that perpetual inventory records are kept in units only

average cost per unit -

b, 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

Ending Inventory - 1(FIFO) _______(2) (LIFO)_________ - 3 (Average- cost)________

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) LFIO, And (3) Average-Cost?

Ending Inventory - 1(FIFO)_______ - (2) (LIFO)_________ - 3 (Average- cost)_______