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8. The periodic inventory records of Canine Veterinary Supply indicate the following for the month of April: (30 Points) Apr. 1 Beginning merchandise inventory 15
8. The periodic inventory records of Canine Veterinary Supply indicate the following for the month of April: (30 Points) Apr. 1 Beginning merchandise inventory 15 units AED 32 each Purchase 7 units AED 34 each 18 Purchase 12 units AED 37 each 26 Purchase 10 units AED 40 each As of April 30, Canine counts 8 units of merchandise inventory on hand. a (10 Pts) Compute ending merchandise inventory. AED b. (20 ) Compute the Cost of Goods Sold for Canine using the weighted average inventory method. (Round the per unit cost to two decimal places.) AED
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