1. Calculate the ending inventory and cost of goods sold at April 30 using the FIFO and weighted average cost formulas.

2. Prove the cost of goods sold calculations.

View Policies Current Attempt in Progress Crane Company uses a periodic inventory system. Its records show the following for the month of April, with 27 units on hand at April 30: Unit Cost Units Total Cost April 1 Inventory 31 $9 $279 12 Purchases 48 12 576 16 Purchases 15 10 150 Total 94 1,005 Calculate the ending inventory and cost of goods sold at April 30 using the FIFO and weighted average cost formulas.(Round the weighted average cost per unit to 2 decimal places, s. 52.75 and final answers to decimal places, ca. 5.275) Crane Company uses a periodic inventory system. Its records show the following for the month of April, with 27 units on hand at April 30 Unit Cost Units 31 Total Cost $279 April 59 12 48 12 576 Inventory Purdan Purchases Total 16 15 10 150 94 LOOS Chenderiand cost of goods soldaten FIFO weighted average formed the weighted average content to a 52.75 and now to decimals, 5.275) VISO Weighted 3 Cost of Good 5 Prove the cost of goods sold calculations. (Round the average cost per unit to 2 decimal places, s. 52.75 and final answers to decimal places, e.g. 5,275.) Check of Cost of Goods Sold (FIFO): Units Unit Cost Total Cost Apr. 1 $ $ Apr. 12 Weighted Average $ per units Check of Cost of Goods Sold: e Textbook and Media