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Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $625 each. On January 10,

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Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $625 each. On January 10, Swifty purchased 6 units at $725 each The company sold 3 units on January 8 and 4 units on January 15 . (a) . Your answer is incorrect. Compute the ending inventory under FIFO. Compute the ending inventory under LIFO. eTextbook and Media Attempts: 0 of 4 used (c) Compute the ending inventory under moving average cost, (Round averoge cost per init to 3 decimal ploces, es. 12.521 and final answer to 0 decimal places es. 1,250

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