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Vaughn Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 1,140 @ $6.00 April 3

Vaughn Company's record of transactions for the month of April was as follows.

Purchases

Sales

April 1 (balance on hand) 1,140 @ $6.00 April 3 950 @ $10.00

4 2,850 @ 6.08 9 2,660 @ 10.00

8 1,520 @ 6.40 11 1,140 @ 11.00

13 2,280 @ 6.50 23 2,280 @ 11.00

21 1,330 @ 6.60 27 1,710 @ 12.00

29 950 @ 6.79 8,740

10,070

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Current Attempt in Progress Vaughn Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 1,140 @ $6.00 April 3 950 @ $10.00 4 2,850 @ 6.08 9 2,660 @ 10.00 8 1,520 @ 6.40 11 1,140 @ 11.00 13 2,280 @ 6.50 23 2,280 @ 11.00 21 1,330 @ 6.60 27 1,710 @ 12.00 29 950 @ 6.79 8.740 10,070 (a1) Your answer is correct. Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit $ 6.35 per unit eTextbook and Media Attempts: 1 of 3 usedYour answer is correct. Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit $ 6.35 per unit eTextbook and Media Attempts: 1 of 3 used Question Part Score 1/1 (a2) Your answer is correct. Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to O decimal places, e.g. 2,760.) LIFO tA 7995 Average-cost $ 8446(b) Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to O decimal places, e.g. 2,760.) (1) (2) FIFO LIFO Inventory $ $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Question Part Score --/2

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