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Nash Companys record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1 (balance on hand) 210 @

Nash Companys record of transactions concerning part X for the month of April was as follows.

Purchases Sales
April 1 (balance on hand) 210 @ $5.20 April 5 410
4 510 @ 5.30 12 310
11 410 @ 5.50 27 1,020
18 310 @ 5.60 28 150
26 710 @ 5.80
30 310 @ 6.00

If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, e.g. 2.7621 and final answers to 0 decimal places, e.g. 6,548.)

Need a simple step by step how to solve this make it simple and the answers are (FIFO: 3,368, LIFO: 3,217, & Average-Cost: 3,327)

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