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Compute the April 30 inventory and the April cost of goods sold using the average-cost method. What is ending inventory ($$)? What is Cost Of
Compute the April 30 inventory and the April cost of goods sold using the average-cost method.
What is ending inventory ($$)?
What is Cost Of Goods Sold ($$)?
Brief Exercise 8-04 (Part Level Submission) Swifty Company uses a periodic inventory system. For April, when the company sold 420 units, the following information is available. Unit Cost $13 April 1 inventory April 15 purchase April 23 purchase Units 240 440 320 1,000 16 Total Cost $ 3,120 7,040 5,440 $15,600 17 (a) Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit 15.6Step by Step Solution
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