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Windsor Company's record of transactions concerning part X for the month of April was as follows. Sales Purchases April 1 (balance on hand) 4 270
Windsor Company's record of transactions concerning part X for the month of April was as follows. Sales Purchases April 1 (balance on hand) 4 270 April 5 470 $5.80 5.90 570 12 370 11 470 (@ 6.10 27 1,140 18 370 6.20 28 150 26 770 6.50 30 370 @ 6.70 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 O decimal places, e.g. 6,548.) (1) FIFO (2) LIFO (3) Average-cost Ending Inventory 4559 4340 4490 e Textbook and Media
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