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John Adams Company?s record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 768 @ $6.00 April

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John Adams Company?s record of transactions for the month of April was as follows.

Purchases

Sales

April 1 (balance on hand) 768 @ $6.00 April 3 640 @ $8.46 4 1,920 @ 6.28 9 1,792 @ 8.46 8 1,024 @ 6.65 11 768 @ 10.92 13 1,536 @ 6.85 23 1,536 @ 10.92 21 896 @ 7.13 27 1,152 @ 12.24 29 640 @ 7.44 5,888 6,784

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