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Waterway Company's record of transactions concerning part X for the month of April was as follows. Purchases April 1 (balance on hand) 4 380 Sales
Waterway Company's record of transactions concerning part X for the month of April was as follows. Purchases April 1 (balance on hand) 4 380 Sales April 5 12 $6.90 7.00 580 680 480 580 7.30 11 18 27 28 1,360 150 7.40 26 480 880 480 7.70 30 a) 8.00 (a2) Your answer is partially correct. Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to decimal places, e.g. 6,548.) (2) (1) FIFO (3) Average-cost LIFO Ending Inventory A 7151 $ 6812 $ $ 7044 e Textbook and Media
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