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Pina Corp. had 2,200 units of part T on hand April 1, 2017, costing $8 each. During April, Pina made the following purchases of part

Pina Corp. had 2,200 units of part T on hand April 1, 2017, costing $8 each. During April, Pina made the following purchases of part T.

Units Unit Cost
April 4 2,500 $8.25
10 4,800 8.40
19 1,200 9
29 2,800 9.90

A physical count at April 30, 2017 showed 4,300 units of Part T on hand. Using the FIFO method, what is the cost of part T inventory at April 30, 2017? Using the LIFO method, what is the inventory cost? Using the average-cost method, what is the inventory cost? (Round average cost per unit to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 1,620.)

FIFO

LIFO

Average Cost

Inventory Cost $enter inventory cost in dollars rounded to 2 decimal places

$enter inventory cost in dollars rounded to 2 decimal places

$enter inventory cost in dollars rounded to 2 decimal places

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