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Brief Exercise 8-5 Buffalo Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit
Brief Exercise 8-5 Buffalo Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $28 $ 7,000 April 15 purchase 350 34 11,900 April 23 purchase 400 36 14,400 1,000 $33,300 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory Cost of goods solds
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