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Kingbird Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Unit Cost Units 280 450
Kingbird Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Unit Cost Units 280 450 April 1 inventory April 15 purchase April 23 purchase $31 37 40 Total Cost $ 8,680 16,650 10,800 $36,130 270 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory $ Cost of goods sold $
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