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Novak Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total
Novak Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 320 $35 $ 11,200 April 15 purchase 430 42 18,060 April 23 purchase 250 46 11,500 1,000 $40,760 Your answer is correct. Calculate weighted-average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted-average cost per unit $ 40.76 Your answer is incorrect. Compute the April 30 inventory and the April cost of goods sold using the average-cost method. Ending inventory Cost of goods sold $
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