Perpetual: LIFO and Moving-Average The beginning inventory, purchases, and sales for Myrl Sign Company for the month of April are shown. A Date April 1 (BI) April 20 April 30 Beginning Inventory and Purchases Units 100 100 200 400 BI: Beginning Inventory Cost/Unit $4.30 4.70 4.80 5.40 Sales Units 1. Perpetual LIFO inventory method 2. Perpetual moving-average inventory method 650 Required: Calculate the total amount to be assigned to cost of goods sold for April and the ending inventory on April 30, under each round the average unit cost to the nearest cent and answers to the nearest dollar. Cost of Goods Sold 3,396 X 3,307 X Inventory on Hand 614 X $ 707 X

Perpetual: LIFO and Moving-Average The beginning inventory, purchases, and sales for Myrl Sign Company for the month of April are shown. BI: Beginning Inventory Required: Calculate the total amount to be assigned to cost of goods sold for April and the ending inventory on April 30, under each round the average unit cost to the nearest cent and answers to the nearest dollar