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Splish Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 1.680 $6.00 April 3 1.400

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Splish Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 1.680 $6.00 April 3 1.400 @ $ 10.00 4 4,200 @ 6.08 9 3,920 @ 10.00 8 2.240 @ 6.40 11 1,680 @ 11.00 13 3.360 @ 6.50 23 3,360 @ 11.00 21 1,960 a @ 6.60 27 2.520 @ 12.00 29 1.400 @ 6.79 12.880 14,840 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, eg. 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 O decimal places, eg. 2,760) LIFO Average-cost Assuming that perpetual inventory records are kept in dollars.determine the inventory using (1) FIFO and (2) LIFO. (Round answer to O decimal places, eg. 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 decimal places. e... 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

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