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Problem 8-04 Vaughn Company's record of transactions concerning part X for the month of April was as follows. Purchases 1 (balance on hand) April April

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Problem 8-04 Vaughn Company's record of transactions concerning part X for the month of April was as follows. Purchases 1 (balance on hand) April April 340 @ 640 @ 540 @ 440 @ 840 @ 440 @ $6.50 6.60 6.90 7.00 7.30 7.50 Sales 5 540 12 440 27 1,280 28 150 If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, e.g. 2.7621 and final answers to O decimal places, e.g. 6,548.) (1) FIFO (3) Average-cost Ending Inventory J 6147 - 5840 5840 L 5807

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