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Blossom Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. April 1 inventory April 15
Blossom Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Units 300 440 260 1,000 Unit Cost $33 40 43 Total Cost $ 9,900 17,600 11.180 $38,680 (b) Your answer is incorrect. Compute the April 30 inventory and the April cost of goods sold using the average-cost method. (Round answers to decimal places, e.g. 2,760.) $ $ Ending inventory Cost of goods sold $
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