lu Tepl D U 36 .P8-7 (Compute FIFO, LIFO, and Average-Cost) Ronaldo Company's record of transactions part VF5 for the month of September was as follows. Purchases Sales September 1 (balance on hand) 100 @ $5.00 September 5 300 400 @ 5.10 12 200 300 @ 5.30 27 800 200 @ 5.35 28 150 600 @ 5.60 200 @ 5.80 Instructions (a) Compute the inventory at September 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (Carry unit costs to the nearest cent.) (1) First-in, first-out (FIFO). (2) Average-cost (3) Last-in, first-out (LIFO). (b) If the perpetual inventory record is kept in dollars, and costs are computed at the tim amount would be shown as ending inventory in 1 and 2 above? (Carry average unit costs to four decimal places.)