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Skysong Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) April 3 $10.00 $6.00 6.08
Skysong Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) April 3 $10.00 $6.00 6.08 4 a 9 a 10.00 8 a 6.40 11 1,500 @ 4,200 1,800 3,600 @ 2,700 @ a 1,800 @ 4,500 2,400 3,600 @ 2,100 @ 1,500 11.00 13 6.50 23 11.00 21 6.60 27 12.00 29 @ 6.79 13,800 15,900 X Your answer is incorrect. 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 X Your answer incorrect. 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 $ $ Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to O decimal places, e.g. 2,760.) Cost of goods sold $
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