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Jose Zorilla uses a perpetual inventory system. During April, he sold 700 units, (270 units on April 20 and 430 units on April 28). The
Jose Zorilla uses a perpetual inventory system. During April, he sold 700 units, (270 units on April 20 and 430 units on April 28). The following other information is available: Units Unit Cost Total Cost April 1 inventory 250 $12.20 $3,050.00 April 15 purchase 400 15.80 6,320.00 April 23 purchase 350 14.00 4,900.00 1,000 $ 14,270.00 Calculate the April 30 inventory and the April cost of goods sold using the weighted average cost formula. (Round the weighted average cost per unit to 3 decimal places, eg. 5.275 and final answers to 2 decimal places, eg. 5,275.25.) April 30 inventory $ 4600.80 April cost of goods sold $ 10769.22 Calculate the April 30 inventory and the April cost of goods sold using the FIFO cost formula. April 30 inventory $ 4560 April cost of goods sold $ 10810 e Textbook and Media Date Account Titles and Explanation Debit Credit Apr 15 Merchandise Inventory 7000 Accounts Payable 7000 Repare the male record the sale ofis on April 28 for a total of $10.20&asuring the company uses the weighted Alles are credits Round in answers 2 decimal nees es 5275 25. Octacuxureobes are wameanza enamun sen om hem mancil freedy is require we "Ne Byte amunt des eleme Date Account rides and Explanation Debit Credit Receivane 10208 Merchandienet
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