Please help me Shamrock uses a periodic inventory system. In April, 600 units were sold and the
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Shamrock uses a periodic inventory system. In April, 600 units were sold and the following additional information is available:
UnitsUnit Cost
Total Cost
April 1 inventory
250
$19.00
$4,750April 15 purchase
400
22.00
8,800April 23 purchase
350
26.00
9,1001,000
$22,650
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.)
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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