Sheffield Company's record of transactions for the month of April was as follows.

$($a$1)$

Your answer is correct.

Assuming that periodic inventory records are kept, calculate the average$-$cost per unit. $($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}76.)$

Average$-$cost per unit $

per unit

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Attempts: $1$ of $2$ used

$($a$2)$

Your Answer

Correct Answer

Your answer is correct.

Assuming that periodic inventory records are kept, compute the inventory at April $30$ using $(1)$ FIFO and $(2)$ average$-$cost$.($Round

answer to $0$ decimal places, e$.$g$.2,760.)$

FIFO

$

Average$-$cost

$

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Assistance Used

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Solution

Attempts: $2$ of $2$ used

$($b$)$

Your answer is partially correct.

Assuming that perpetual inventory records are kept in both units and dollars, determine the inventory at April $30$ using $(1)$ FIFO

and $(2)$ average$-$cost$.($Round average per unit cost to $4$ decimal places e$.$g$.2\mathrm{.}7605$ and final answer to $0$ decimal places, e$.$g$.2,760.)$

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