Question: Untitled Ev 125 View Zoom Insert Table Chart Text Shape Media Comment Collaborate Format Sort & Filter E8-2 E8-9 P8-3 P8-4 P8-4 (L03) Compute FIFO,




Untitled Ev 125 View Zoom Insert Table Chart Text Shape Media Comment Collaborate Format Sort & Filter E8-2 E8-9 P8-3 P8-4 P8-4 (L03) Compute FIFO, LIFO, and Average-Cost 2 Hull Company's record of transactions concerning part X for the month of April was as follows Purchases - Units and Unit Costs ri Balance100$5.00 400 300 200 600 200 Sales Total Units 300 200 800 150 ril 18 26 30 5.10 5.30 5.35 5.60 5.80 12 27 28 10 12 Instructions 13(a) Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory 14 15 records are kept in units only. Carry unit costs to the nearest cent. (1) (2) (3) First-in, first-out (FIFO) Last-in, first-out (LIFO Average-cost 17 18 19 20 Purchases - Units Sales Total Units Apri1 Balance 100 300 23 24 25 26 27 28 29 30 31 32 34 Assume costs are not computed for each withdrawal TextHull Company's record of transactions concerning part X for the month of April was as follows
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