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Brief Exercise 8-05 Nash Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit
Brief Exercise 8-05 Nash Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 230 $12 $ 2,760 April 15 purchase 430 14 6,020 April 23 purchase 340 16 5,440 1,000 $14,220 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ Cost of goods sold $ Click if you would like to Show Work for this question: Open Show Work
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