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need help fast John Adams Company's record of transactions for the month of April was as follows. (a1) Assuming that periodic imventory records are kept
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John Adams Company's record of transactions for the month of April was as follows. (a1) Assuming that periodic imventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decime places, e.8.2.76. Average-cost per unit per unit Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using L.IFO and average-cost. (Round answer to 0 decimal places, es. 2,760.) LIFO Attempts: unlimited (b) Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to O decimal places, es. 2,760.) Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to 0 decimal places, es. 2,760.) Cost of goods sold Attempts: unlimited (d). In an inflationary period, which inventory method-FIFO, LIFO, average-cost-will show the highest net income? inventory method will show the highest net income Step by Step Solution
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