Question: Data for Amsterdam Company are presented below. Compute the April 30 inventory and the April cost of goods sold using the FIFOmethod. Total Cost Units

Data for Amsterdam Company are presented below. Compute the April 30 inventory and the April cost of goods sold using the FIFOmethod.

Total Cost Units Unit Cost April 1 inventory April 15 purchase April

Total Cost Units Unit Cost April 1 inventory April 15 purchase April 23 purchase 250 250 $10 12 13 $ 2,500 4,800 4,550 400 350 1,000 $11,850

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