Splish Company was formed on December 1, 2016. The following information is available from Splishs inventory records for Product BAP.

Units Unit Cost $ 7.00 636 1,272 January 1, 2017 (beginning inventory) Purchases: January 5, 2017 January 25, 2017 February 16, 2017 March 26, 2017 1,378 8.00 9.00 10.00 848 636 11.00 A physical inventory on March 31, 2017, shows 1,696 units on hand. (a) Your answer is correct. Prepare schedule to compute the ending inventory at March 31, 2017, under FIFO inventory method. SPLISH COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2017 Units Unit Cost Total Cost Purchases January 25, 2017 212 1908 Purchases February 16, 2017 | 848 8480 Purchases March 26, 2017 636 111 6996 Ending Inventory 1696 17384 Your answer is correct. Prepare schedule to compute the ending inventory at March 31, 2017, under LIFO inventory method. SPLISH COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER LIFO INVENTORY METHOD March 31, 2017 Units Unit Cost Total Cost Beginning Inventory 636 4452 L Purchases January 5, 2017 1060 8480 1 Ending Inventory 1696 12932 SHOW ANSWER LINK TO TEXT (c1) Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average-cost per unit