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Question 14 of 15 - 72 View Policies Current Attempt in Progress A company had the following inventory activity during April: Units Unit Cost Total
Question 14 of 15 - 72 View Policies Current Attempt in Progress A company had the following inventory activity during April: Units Unit Cost Total Cost Beginning inventory 800 $10.00 $8,000 Purchase: April 5 1,400 11.00 15,400 Sale: April 8 (1,500) Purchase: April 17 900 10.50 9,450 Sales: April 24 (900) If the company is using a perpetual system and the FIFO cost formula, what is the cost of goods sold closest to? O $25,700 O $25.500 O $25,200 O $25,930 Save for Later Attempts: 0 of 1 used Submit
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