Question: please solve this three part it in prptiual method E8-13 (FIFO and Average-Cost Determination) LoBianco Company's record of transactions for the month of April was

please solve this three part it in prptiual method
 please solve this three part it in prptiual method E8-13 (FIFO

E8-13 (FIFO and Average-Cost Determination) LoBianco Company's record of transactions for the month of April was as follows. + Purchases Cast 1 Sales SP be April 1, balance on hand) 600 $6.00 April 2 500 @ $10.00 4 1,500 @x6.08 9 1,300 10.00 B 800 X 6.40 11 600 @ 11.00 13 1,200 QX6.50 23 1,200 @ 11.00 21 face only 300 - 7000*6.60* 27 900 @ 12.00 29 500 OX6.79 4,500 5,300 2 purch Instructions (a) Assuming that periodic inventory records are kept, compute the inventory at April 30 using (1) FIFO and (2) average-cost. (b) Assuming that perpetual inventory records are kept in both units and dollars, determine the inventory at April 30 using (1) FIFO and (2) average-cost. (c) In an inflationary period, which inventory method-FIFO or average-cost-will show the highest net income

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