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Problem 3 Federal Corp. had 825 units of part B467 on hand May 1, 2018, costing $10.00 each. Purchases of part B467 during May were

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Problem 3 Federal Corp. had 825 units of part B467 on hand May 1, 2018, costing $10.00 each. Purchases of part B467 during May were as follows. Units Unit Cost May 9 1,100 $10.50 17 1,925 11.00 26 550 11.50 A physical count on May 31, 2018, shows 1,155 units of part B467 on hand. Using the FIFO method, what is the cost of part B467 inventory at May 31, 2018? Using the LIFO method, what is the inventory cost? Using the average-cost method, what is the inventory cost

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