LoBianco Company's record of transactions for the month of April was as follows. Purchases Sales

April 1	(balance on hand)		870	@	$5.0		April 3		725	@	$9
4			2,175	@	5.1		9		1,885	@	9
8			1,160	@	5.3		11		870	@	11
13			1,740	@	5.4		23		1,740	@	11
21			1,015	@	5.7		27		1,305	@	13
29			725	@	6.1				6,525
			7,685

(a) Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using (1) LIFO and (2) average cost. LIFO $ Average Cost $ (b) Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. FIFO $ LIFO $ (c) Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. Cost of goods sold $ (d) In an inflationary period, which inventory method