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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 $655 each. On January 10,
Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $655 each. On January 10, Swifty purchased 8 units at $730 each. The company sold 2 units on January 8 and 4 units on January 15. (a) (b). Compute the ending inventory under LIFO. LIFO The ending inventory $ Swifty Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 5 sets at $655 each. On January 10, Swifty purchased 8 units at $730 each. The company sold 2 units on January 8 and 4 units on January 15. (a) (b). (c) Compute the end inventory under moving average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.521 and final answer to 0 decimal places, e.g. 1,250.) MOVING-AVERAGE COST The ending inventory $
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