For each of the following scenario involving the U. S. government, determine the primary function of government that is being served. An inventor secures a government patent on his newest project so that others can't profit from his idea.

a. Productive function whereby the government redistributes income from rich to poor.
b. Productive function whereby the government produces goods that are difficult for private markets to supply.
c. Productive function whereby the government maintains market competition.
d. Protective function whereby the government enforces property rights

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.