CALCULATOR FuLL SCREEN PRINTER VERSION 8.ACR URCES Problem 8-3 Some of the information found on a detail inventory card for Bonita Inc. for the first month of operations is as follows Received Issued, No. of Units Balance, Unit Cost $4.74 No. of Units 1.700 500 600 600 Date No. of Units anuary 2 1.700 10 1100 S.o6 2.500 2.2t 20 100 1.00 5.37 2.000 700 1.300 28 2100 000 aloulate werage-cost per unit. (Round anever to 2 decimal places eg 2.76.) ern 42412.7 DOLL FULL SCREEN PRINTER VERSION BACK RCES rk From these data compute the ending inventory on each of the following bases. Assume that perpetual inventory records are kept in units ony () First-in, first-out (FIFO).(2) Last-in, first-out (LIFO). (3) Average cost. (Round final ansiwers to 0 decimal places e.g. 6,5348) FIFO Ending Invantory the perpetual iewantory record is kept i, dollars, and costs are computed at the time of each withdrawal, would the amounts shown as ening nventory in (4).(2), and (a) above be the same? What amount would be shown as ending inventery? fRound average cost per unvr to 4 places, e.g. 2.7021 and final ansvers to 0 decimal places, eg 6,548) LIFO Average -cost Ending tnventery Question Attempts O of 2 used SAE FR LATEe DOLL F6