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QUESTION ANSWER Assume the following beginning inventory, purchases, and sales O $174 $144 during the month of April. April 1 Beginning inventory, 10 units

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QUESTION ANSWER Assume the following beginning inventory, purchases, and sales O $174 $144 during the month of April. April 1 Beginning inventory, 10 units S15 each 3 7 units sold 10 Purchased 9 units at $16 23 4 units sold Determine the cost of goods sold using the FIFO inventory costing method and the periodic inventory system on April 30. Q $150 $166 I DON'T KNOW YET submit

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