Some of the information found on a detail inventory card for Slatkin Inc. for

Some of the information found on a detail inventory card for Slatkin Inc. for the first month of operations is as follows.

Received

Date # of units unit cost issued # of units balance # of units

January 2 1650 $3.91 1650

January 7 1150 500

January 10 1050 $4.17 1550

January 13 950 600

January 18 1450 $4.30 750 1300

January 20 1100 200

January 23 1750 $4.43 1950

January 26 1250 700

January 28 2050 $4.56 2750

January 31 1750 1000

From these data compute the ending inventory on each of the following bases. Assume that perpetual inventory records are kept in units only.
(1) First-in first-out (FIFO). (2) Last-in first-out (LIFO). (3) Average-cost.

FIFO LIFO Average Cost

Ending Inventory $ ??? $ ??? $ ???

If the perpetual inventory record is kept in dollars and costs are computed at the time of each withdrawal what amount would be shown as
ending inventory under (1) FIFO (2) LIFO and (3) Average-cost?

FIFO LIFO Average Cost

Ending Inventory $ ??? $ ??? $ ???