John Adams Company$$s record of transactions for the month of April was as follows.

Purchases Sales

April $1($balance on hand$)600$ @ $$6\mathrm{.}00$ April $3500$ @ $$10\mathrm{.}00$

$41,500$ @ $6\mathrm{.}0891,400$ @ $10\mathrm{.}00$

$8800$ @ $6\mathrm{.}4011600$ @ $11\mathrm{.}00$

$131,200$ @ $6\mathrm{.}50231,200$ @ $11\mathrm{.}00$

$21700$ @ $6\mathrm{.}6027900$ @ $12\mathrm{.}00$

$29500$ @ $6\mathrm{.}794,600$

$5,300$

Instructions

Assuming that periodic inventory records are kept in units only, compute the inventory at April $30$ using $(1)$ LIFO and $(2)$ average$-$cost$.$

Assuming that perpetual inventory records are kept in dollars, determine the inventory using $(1)$ FIFO and $(2)$ LIFO.

John Adams Company$$s record of transactions for the month of April was as follows.

$($Compute FIFO, LIFO, Average$-$Cost$$Periodic$)$ Presented below is information related to Blowfish radios for the Hootie Company for the month of July.