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Splish Company's record of transactions concerning part X for the month of April was as follows. $7.40 7.50 Purchases April 1 (balance on hand) 4
Splish Company's record of transactions concerning part X for the month of April was as follows. $7.40 7.50 Purchases April 1 (balance on hand) 4 11 18 26 430 @ 730 @ 630 @ 530 @ Sales April 5 630 12 530 27 1.460 28 150 7.80 7.90 8.30 8.60 930 30 @ e 530 Calculate average cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, eg. 2.7682.) Average-cost per unit $ 7.9458 e Textbook and Media Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO).(2) Last-in, first-out (LIFO).(3) Average-cost. (Round final answers to decimal places, c.8. 6,548.) (2) LIFO (3) Average-cost FIFO $ $ Ending Inventory
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