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Hull Companys record of transactions concerning part X for the month of April was as follows. Purchases - Units and Unit Costs April 1 Balance
Hull Companys record of transactions concerning part X for the month of April was as follows. Purchases - Units and Unit Costs April 1 Balance 100 @ $ 5.00 4 400 @ 5.10 11 300 @ 5.30 18 200 @ 5.35 26 600 @ 5.60 30 200 @ 5.80 Sales - Total Units April 5 300 12 200 27 800 28 150 Instructions: (a) Under periodic inventory system, compute ending inventory and cost of goods sold on April 30 using the following inventory flow assumptions. Carry unit costs to the nearest cent
Average-cost:
First-in, first-out (FIFO):
Last-in, first-out (LIFO):
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