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Gamma Company had the following inventory activity during April. Gamma uses a periodic inventory system and the FIFO cost flow assumption. Unit Date Units
Gamma Company had the following inventory activity during April. Gamma uses a periodic inventory system and the FIFO cost flow assumption. Unit Date Units Cost, $ Beginning Inventory 1-Apr 75 19 Purchase 14-Apr 75 22 Purchase 22-Apr 75 24 Based on a physical count, Gamma determined there were 95 units on hand as of April 30th. Calculate the following numbers and put your answers in the spaces provided below: # of Units Available for Sale Inventory, April 30th Goods Sold Total Cost
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