Question: Calculate the weighted-average cost per unit. (Round answer to 4 decimal places, e.g. 2.7682.) Weighted-average cost per unit $ eTextbook and Media Compute the inventory



Calculate the weighted-average cost per unit. (Round answer to 4 decimal places, e.g. 2.7682.) Weighted-average cost per unit $ eTextbook and Media 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, eg. 6,548.) Hull Company's record of transactions concerning part X for the month of April was as follows. If the perpetual inventory record is kept in dollars, and costs are computed at the time of each withdrawal, what amount would be shown as ending inventory under (1) FIFO, (2) LIFO and (3) Average-cost? (Round average cost per unit to 4 decimal places, eg. 2.7621 and final answers to 0 decimal places, e g. 6,548 .)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
