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Forte to another question will save this MEC Question 13 3 Bahrain Company made the following merchandise purchases and sales during the April, 2021 April

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Forte to another question will save this MEC Question 13 3 Bahrain Company made the following merchandise purchases and sales during the April, 2021 April 1 The beginning inventory balance 500 units at $30 each April 4 Sold 350 units at $ 40 each April 14 April 28 Purchased 400 units at $ 32 each. Soid 400 units at $ 50 each, Note: Write only the final amount - Do not show your calculation Answer the following questions assuming that the company uses the First IN First Out (FIFO) method. 1) What is Cost of goods sold on April 4? 2) What is the inventory balance on April 4? 3) What is the total cost of merchandise purchased on April 14? 4) What is the inventory balance on April 14? 5) What is the Cost of goods sold on April 28? 6) What is the inventory balance on April 28? ASUS ExpertBook

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