Question: Your answer is partially correct. Monty Corp. had 1,900 units of part T on hand April 1, 2017, costing $8 each. During April, Monty made

 Your answer is partially correct. Monty Corp. had 1,900 units of

Your answer is partially correct. Monty Corp. had 1,900 units of part T on hand April 1, 2017, costing $8 each. During April, Monty made the following purchases of part T. April Unit Units Cost 4 2,500 $8.25 10 4,500 8.40 191,2009 29 2,700 9.90 A physical count at April 30, 2017 showed 4,000 units of Part T on hand. Using the FIFO method, what is the cost of part Tinventory at April 30, 2017? Using the LIFO method, what is the inventory cost? Using the average-cost method, what is the inventory cost? (Round average cost per unit to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 1,620.) FIFO LIFO Average Cost Inventory Cost $ C 3 8370 C 3 2525 $ e Textbook and Media X Your answer is incorrect. Sandhill Company has used the dollar-value LIFO method since January 1, 2017. Sandhill uses internal price indexes and multiple pools. At the end of calendar year 2018, the following data are available for Sandhill's inventory pool A. Inventory At Base-Year Cost $1,000,000 January 1, 2017 At Current-Year Cost $1,000,000 1,419,000 1,527,600 December 31, 2017 1,290,000 December 31, 2018 1,340,000 Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory in Pool A be reported at December 31, 2018? December 31, 2018 Price Index Dollar-value LIFO inventory $ eTextbook and Media

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