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Larkspur uses a periodic inventory system. In April, 600 units were sold and the following additional information is available: Units Unit Cost Total Cost 250
Larkspur uses a periodic inventory system. In April, 600 units were sold and the following additional information is available: Units Unit Cost Total Cost 250 $18.00 $4,500 April 1 inventory April 15 purchase 400 21.00 8,400 April 23 purchase 350 26.00 9,100 1.000 $22,000 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 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 5,125.) April 30 inventory $ $ April cost of goods sold $ Calculate the April 30 inventory and the April cost of goods sold using the FIFO cost formula. April 30 inventory $ April cost of goods sold $
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