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: 15 Units @ $16 = $240

Beginning Inventory at LIFO: 15 Units @ $12 = $180

January Transactions	Units	Unit Cost				Total Cost
Purchase, January 9	26	$	14			$	364
Purchase, January 20	51		19				969
Sale, January 21 (at $39 per unit)	37
Sale, January 27 (at $40 per unit)	27

Required:

1. Compute the inventory turnover ratio for the month of January under the FIFO and LIFO inventory costing methods.