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Brief Exercise 8-6 Splish Company uses a periodic inventory system. For April, when the company sold 400 units, the following information is available April 1
Brief Exercise 8-6 Splish Company uses a periodic inventory system. For April, when the company sold 400 units, the following information is available April 1 inventory April 15 purchase April 23 purchase Units Unit Cost Total Cost $11 13 14 220 450 330 1,000 $ 2,420 5,850 4,620 $12,890 Compute the April 30 inventory and the April cost of goods sold using the LIFO method Ending inventory Cost of goods sold
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