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Question 2 Bahrain Company made the following merchandise purchases and sales during the April, 2021: April 1 April 4 April 14 April 28 The

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Question 2 Bahrain Company made the following merchandise purchases and sales during the April, 2021: April 1 April 4 April 14 April 28 The beginning inventory balance 400 units at $30 each. Sold 250 units at $ 40 each. Purchased 300 units at $ 32 each Sold 300 units at $50 each Answer the following questions assuming that the company uses the First IN First Out (FIFO) method. Note: Write only the final amount - Do not show your calculation 1) What is Cost of goods sold on April 47 2) What is the inventory balance on April 4? 3) What is the total cost of merchandise purchased on April 142 4) What is the inventory balance on April 14? 5) What is the Cost of goods sold on April 28? 6) What is the inventory balance on April 28? 3 points Activate Windows Go to Settings to activate

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