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Amsterdam Company uses a periodic inventory system. For April, when the company sold 440 units, the following information is available. units unit cost toal cost
Amsterdam Company uses a periodic inventory system. For April, when the company sold 440 units, the following information is available.
units | unit cost | toal cost | ||
4/1 inventory | 270 | $15 | $4,050 | |
4/15 purcahse | 400 | $18 | 7,200 | |
4/23 purchase | 300 | $20 | 6000 | |
970 | $17,250 |
ompute the April 30 inventory and the April cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 2,760.)
ending inventory $______
cost of goods sold $______
please show your work.
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