Crane Company's record of transactions for the month of April was as follows. Purchases April 1...

  

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Crane Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 4 8 13. 21 29 Average-cost per unit 618 @ $6.00 1,545 @ 824 @ 1,236 @ 721 @ 515 @ LINK TO TEXT 5,459 LIFO (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.) SHOW SOLUTION SHOW ANSWER Average-cost 6.07 6.36 6.46 6.66 6.83 6.34 per unit Click if you would like to Show Work for this question: Open Show Work 4333 Sales 515 @ $10.00 1,442 @ 10.00 11.00 11.00 12.00 10 April 3 9 11 618 @ 23 1,236 @ 27 927 @ 4,738 (a2) Your answer is incorrect. Try again. Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to 0 decim places, e.g. 2,760.) Attempts: 1 of 3 used Click if you would like to Show Work for this question: Open Show Work (c) Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to 0 decimal places, e.g. 2,760.) Cost of goods sold $ Click if you would like to Show Work for this question: Open Show Work Crane Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 4 8 13. 21 29 Average-cost per unit 618 @ $6.00 1,545 @ 824 @ 1,236 @ 721 @ 515 @ LINK TO TEXT 5,459 LIFO (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.) SHOW SOLUTION SHOW ANSWER Average-cost 6.07 6.36 6.46 6.66 6.83 6.34 per unit Click if you would like to Show Work for this question: Open Show Work 4333 Sales 515 @ $10.00 1,442 @ 10.00 11.00 11.00 12.00 10 April 3 9 11 618 @ 23 1,236 @ 27 927 @ 4,738 (a2) Your answer is incorrect. Try again. Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using LIFO and average-cost. (Round answer to 0 decim places, e.g. 2,760.) Attempts: 1 of 3 used Click if you would like to Show Work for this question: Open Show Work (c) Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to 0 decimal places, e.g. 2,760.) Cost of goods sold $ Click if you would like to Show Work for this question: Open Show Work