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Blossom Company uses a periodic inventory system. Its records show the following for the month of April, with 23 units on hand at April
Blossom Company uses a periodic inventory system. Its records show the following for the month of April, with 23 units on hand at April 30: Unit Total Units Cost Cost April 1 Inventory 27 $7 $189 12 Purchases 41 10 410 16 Purchases 13 11 143 Total 81 742 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)
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