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Larkspur Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales April 5 12 April 1 (balance on
Larkspur Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales April 5 12 April 1 (balance on hand) 270 @ $5.80 570 5.92 470 6.15 370 @ 6.21 770 6.50 370 6.73 470 370 27 1,140 150 4 18 26 30 28 Your answer is partially correct. Try again 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. (Round final answers to 0 decimal places, e.g. $6,548.) (2) Average-cost LIFO FIFO Ending Inventory 4570 4352
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