Question 2 Flounder Company's record of transactions concerning part X for the month of April...
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Question 2 Flounder Company's record of transactions concerning part X for the month of April was as follows Purchases Sales April 1 (balance on hand) 390 $7.00 690 7.14 590 7.42 490 7.49 890 7.84 4908.12 April 5 590 12 490 27 1,380 28 150 4 18 Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit LINK TO TEXT 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 0 decimal places, e.g. $6,548.) 2 LIFO FIFO Average-cost Ending Inventory
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