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Blossom Company uses a periodic inventory system. Its records show the following for the month of April, with 27 units on hand at April 30:
Blossom 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 Total Units Cost Cost April 1 Inventory 31 $9 $279 212 12 Purchases 43 11 473 16 Purchases 14 10 140 Total 88 892 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, eg. 52.75 and final answers to O decimal places, eg. 5,275) Activate Window Go to Settings to activ Check of Cost of Goods Sold (FIFO): Units Apr. 1 Apr. 12 Weighted Average Unit Cost Total Cost $ $ 4 $ Check of Cost of Goods Sold: x $ per unit-$ Activate Windows Go to Settings to activat 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, eg. 52.75 and final answers to O decimal places, eg. 5,275.) FIFO Ending Inventory $ Cost of Goods Sold $ Type here to search eTextbook and Media Weighted average Activate Wine Go to Settings to 17C Clear
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