The records at the end of January of the current year for Young Company showed the following for a particular kind of merchandise: Beginning Inventory at FIFO: 19 Units @ $17 = $323 Beginning Inventory at LIFO: 19 Units @ $13 = $247 Units Unit Cost $15 20 January Transactions Purchase, January 9 Purchase, January 20 Sale, January 21 (at $43 per unit) Sale, January 27 (at $44 per unit) 26 Total Cost $ 390 1,080 54 39 25 Required: 1. Compute the inventory turnover ratio for the month of January under the FIFO and LIFO inventory costing methods. 2. Which costing method is the more accurate indicator of the efficiency of inventory management