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BE8.4 - Using Excel to Determine Inventory Costs PROBLEM Amsterdam Company uses a periodic inventory system. For April, the following information is available. Student Work
BE8.4 - Using Excel to Determine Inventory Costs PROBLEM Amsterdam Company uses a periodic inventory system. For April, the following information is available. Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem or to the work area if applicable. Units Unit Cost Total Cost April 1 inventory 250 10 $ 2,500 April 15 purchase 400 12 4,800 April 23 purchase 350 13 4,550 1,000 $ 11,850 Units sold during April 600 Compute the April 30 inventory and the April cost of goods sold using the average-cost method. Weighted average cost per unit Ending inventory at April 30 Cost of goods sold
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