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Lemke Corp. had the following information is available for the month of April: Apr. 1 On hand, 30 units at $5.00 each $150 8 Purchased
Lemke Corp. had the following information is available for the month of April: Apr. 1 On hand, 30 units at $5.00 each $150 8 Purchased 40 units at $5.35 each 214 15 Sold 50 units 22 Purchased 40 units at $5.50 each 220 30 On hand, 60 units The company uses a perpetual inventory system, with the weighted average cost inventory costing method. |
How much is ending inventory on April 30?
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