The White Wove Corporation began operations in 2013. A summary of the first quarterappears below.
____________________________________________________Units..........Total Cost
Purchases:
January 2 ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 250...........$23,250
February 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100..............9,500
February 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...400............38,400
March 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200............19,600
March 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 225............22,275

The White Wove Corporation used the LIFO perpetual inventory method and correctly computed an inventory value of $38,300 at the end of the first quarter. Management is considering changing to a FIFO costing method. It has also considered using a periodic system instead of the perpetual system presently being used. You have been hired to assist management in making the decision. What would you advise?

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Other data: Sales in Sales Price Operating per Unit Expenses Units January February March AK 225 350 $140 142 145 $9,575 7,820 7,905