6. In a given month, a restaurant has an opening inventory of $2,700 and a closing inventory of $2,000. If the cost of food sold for that month is $5,100, what is the inventory turnover rate? Using the chart below, calculate the inventory value for 15 cans of cherries using the: FIFO method. LIFO method Weight Average Delivery Date Quantity Price per Can 10/4 12 cans $1.12 10/11 6 cans $1.18 10/18 12 cans $1.20 10/25 16 cans $1.27