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Kingbird Company uses a periodic inventory system. For April, when the company sold 600 units, the following information available. Units Unit Cost Total Cost
Kingbird Company uses a periodic inventory system. For April, when the company sold 600 units, the following information available. Units Unit Cost Total Cost April 1 inventory 280 $31 $8,680 April 15 purchase 450 37 16,650 April 23 purchase 270 40 10,800 1,000 $36,130 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ 13120 Cost of goods sold $ 23010
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