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Crane Company uses a periodic inventory system. Its records show the following for the month of April, with 23 units on hand at April
Crane Company uses a periodic inventory system. Its records show the following for the month of April, with 23 units on hand at April 30: April 1 Inventory 12 Purchases 16 Purchases Total Unit Total Units Cost Cost $9 $243 11 473 12 180 85 896 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, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,275.) FIFO Ending Inventory $ Cost of Goods Sold $ Weighted average $
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