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Question 1 Swifty Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 684 $5.00 1,710
Question 1 Swifty Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 684 $5.00 1,710 Q 6.09 912 6.38 1,368 5.48 798 6.58 570 6.76 Aprll 3 570$10.00 9 1,596 10.00 11 68411.00 23 1,368 11.00 27 1,02612.00 13 21 29 5,244 6,042 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit per unit Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to 0 decimal places, e.g. 2,760.) LIFO Average-cost Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to O decimal places, e.g. 2,760.) FIFO LIFO Inventory Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to 0 decimal places, e.g. 2,760.) Cost of goods sold
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