Please answer this question in Excel with steps and explanations! Thank you!

The records at the end of January of the current year for Young Company showed the following for a particular kind of merchandise Beginning Inventory at FIFO: 16 Units @ $16 $256 Beginning Inventory at LIFO: 16 Units $12 $192 Unit Cost $14 19 Transactions Purchase, January 9 Purchase, January 20 Sale, January 21 (at $40 per unit) Sale, January 27 (at $41 per unit) Units 26 52 39 27 Total Cost $364 988 Required 1. Compute the inventory turnover ratio for the month of January under the FIFO and LIFO inventory costing methods. (Do not round intermediate calculations and round your final answers to 2 decimal places.) FIFO Inventory turnover ratio LIFO Inventory turnover ratio 2. Which costing method is the more accurate indicator of the efficiency of inventory management? O FIFO O LIFO O No accuracy difference