ment CALCULATOR Question 6 Some of the information found on a detail inventory card for Sunland Inc. for the first month of operations is as follows. Received No. of Units 1,500 Date January Issued, No. of Units Unit Cost $4.11 1,000 900 4.38 1,300 Balance, No. of Units 1,500 500 1,400 600 1,300 200 1,800 700 2,600 1,000 2 7 10 13 18 20 23 26 28 31 4.52 800 600 1,100 1,600 4.66 1,100 1,900 4.80 1,600 El your answer is correct. Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average cost per unit 4.52 LINK TO TEXT ament CALCULATOR FULL SCREEN PRINTER VERSION x Your answer is incorrect. Try again. BACK NEXT From these data compute the ending inventory 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 decimal places, e.g. 6,548.) (1) (2) FIFO (3) LIFO Average-cost Ending Inventory LINK TO TEXT 22 Your answer is partially correct. Try again. If the perpetual Inventory record is kept in dollars, and costs are computed at the time of each withdrawal, would the amounts shown as ending inventory in (1), (2), and (3) above be the same? What amount would be shown as ending Inventory? (Round average cost per unit to decimal places, eg, 2.7621 and final answers to o decimal places, e.g. 6,548.) (1) FIFO (2) LIFO Would amount be same (3) Average-cost M NO Ending Inventory LINK TO TEXT