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Sage Company uses a periodic inventory system. For April, when the company sold 400 units, the following information is available. Unit Cost $11 April 1
Sage Company uses a periodic inventory system. For April, when the company sold 400 units, the following information is available. Unit Cost $11 April 1 inventory April 15 purchase April 23 purchase Units 220 450 330 1,000 13 Total Cost $ 2,420 5,850 4,620 $12,890 14 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory Cost of goods solds
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