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Problem 8-4 Splish Company's record of transactions concerming part X for the month of April was as follows Sales April 1 (balance on hand 390
Problem 8-4 Splish Company's record of transactions concerming part X for the month of April was as follows Sales April 1 (balance on hand 390 $7.00 April 5 590 12 490 27 1,360 28 150 690 7.14 590 7.42 490 7.49 890 7.4 490 8.12 18 26 30 Calculate average-cost per unit. Assume that perpetual Inventory records are kept in units only, (Round answer to 2 declmal places, e.g. 2.76.) Average-cost per unit Compute the inventory at April 30 on each of the oowing bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cast. (Round final answers to 0 decimal places, e.g. $6,548.) FIFO LIFO Ending Inventory r the perpetual inventory record is kept in dollars, and costs are computed at the time o each withdrawal what amount would be shown as ending inventory under 1 FIFO 2 LIFO and 3 Average cost? Round average cost er unit to 4 decimal places e.g. 2.7621 and final ansivers to 0 decimal places, e.g. 6,548.) FIFO LIFO Ending Inventory
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