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The table below gives inventory figures for Sonic Blu-ray Players at Superior Electronics. Units Purchased Cost per Unit Date Beginning Inventory, January 1 Purchase, February
The table below gives inventory figures for Sonic Blu-ray Players at Superior Electronics. Units Purchased Cost per Unit Date Beginning Inventory, January 1 Purchase, February 20 Purchase, April 16 Purchase, June 8 45 $133 $113 $146 $142 When the buyer for Superior Electronics took physical inventory of the Blu-ray players on July 31, 90 units remained in inventory. a. Calculate the dollar value of the 90 Blu-ray players by using FIFO. b. Calculate the dollar value of the 90 Blu-ray players by using LIFO. C. Calculate the dollar value of the 90 Blu-ray players by using the average cost method. Round your answer and the average cost per unit to the nearest cent
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