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Pharoah Company uses a periodic inventory system. Its records show the following for the month of April, with 26 units on hand at April 30:

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Pharoah Company uses a periodic inventory system. Its records show the following for the month of April, with 26 units on hand at April 30: Unit Cost Total Cost Units April 1 Inventory 34 $7 $238 12 Purchases 47 10 470 16 Purchases 13 12 156 Total 94 864 Calculate the ending inventory and cost of goods sold at April 30 using the FIFO and weighted average cost formulas. (Round the weighted average cost per unit to 2 decimal places, eg. 52.75 and final answers to 0 decimal places, e.g. 5,275.) FIFO Weighted average Ending Inventory $ $ $ Cost of Goods Sold $ $ Prove the cost of goods sold calculations. (Round the average cost per unit to 2 decimal places, e.g. 52.75 and final answers to o decimal places, e.g. 5,275.) Check of Cost of Goods Sold (FIFO): Units Unit Cost Total Cost Apr. 1 $ $ Apr. 12 $ Weighted Average Check of Cost of Goods Sold: x $ per unit = $

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