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Whispering Winds Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $560 each On January

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Whispering Winds Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $560 each On January 10, Whispering Winds purchased 6 units at $670 each. The company sold 2 units on January 8 and 4 units on January 15 (a) Compute the ending inventory unde FIFO. FIFO The ending inventory $ Attempts: 0 of 1 used Submit Answer Sve for Later (b) Compute the ending inventory under LIFO. LIFO The ending inventory Compute the ending inventory under moving average cost. (Round average-cost per unit to 3 decimal places, eg. 12 521 and final answer to decimal places, eg. 1.250.) MOVING AVERAGE COST The ending inventory s Save for Later Attempts: 0 of 1 used Submit

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