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Question 3 of 5 Whew Poticies Current Attempt in Progress Sheridan Appliance uses a perpetual inventory system. For its flat-screen television sets, the Jantiary 1

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Question 3 of 5 Whew Poticies Current Attempt in Progress Sheridan Appliance uses a perpetual inventory system. For its flat-screen television sets, the Jantiary 1 inventory was 3 sets at $720 each. On January 10 , Sheridan purchased 6 units at $790 each. The company sold 2 units on January 8 and 5 units on January 15. (a) Compute the ending inventory under FIFO. Compute the ending inventory under LIFO. eTextbook and Media Attempts: 0 of 5 used (c) Compute the ending inventory under moving-average cost. (Round average-cost per unit to 2 decimal places, eg. 12.50 and final answer to O decimal places, es, 1,250.) Compute the ending inventory under moving-average cost. (Round average-cost per unit to 2 decimal ploces, eg. 12.50 and final answer to 0 decimal places, es. 1,250.)

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