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Pina Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 149 tents. This consists of 50
Pina Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 149 tents. This consists of 50 tents purchased in February at a cost of $207 each and 99 tents purchased in March at a cost of $221 each. During April, the company had the following purchases and sales of tents Purchases Sales Date Units Unit Cost Units Unit Price Apr 3 79 $378 10 205 $277 17 2431 370 24 303 289 30 210 378 (a) X Your answer is incorrect Determine the cost of goods sold and the cost of the ending inventory using FIFO Cost of goods sold $ Cast of the ending inventory $ 176381
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