Sheridan Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 660 @ $6.00 4 1,650 @ 6.08 8 880 @ 6.40 13 1,320 @ 6.50 21 770 @ 6.60 29 550 @ 6.79 Sales April 3 550 @ $10.00 9 1,540 @ 10.00 11 660 @ 11.00 23 1,320 @ 11.00 27 990 @ 12.00 5,060 5,830 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 e Textbook and Media 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 $ e Textbook and Media Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to 0 decimal places, e.g. 2,760.) (1) FIFO (2) LIFO Inventory $ $ e Textbook and Media 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 $ e Textbook and Media In an inflationary period, which inventory method-FIFO, LIFO, average-cost-will show the highest net income? inventory method will show the highest net income. e Textbook and Media