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The following data is available for one of the products sold by Piper's Pasta Company, which sells gourmet boxed pasta dishes, including macaroni and cheese.
The following data is available for one of the products sold by Piper's Pasta Company, which sells gourmet boxed pasta dishes, including macaroni and cheese. Piper's Pasta Company uses a perpetual inventory system: Piper's ending inventory for April was 25 boxes. If the Weighted Average Cost method is used, determine the following amounts (in dollars \$): i) Ending Inventory on April 30th ? ii) Cost of Goods Sold for April? Show your calculations to receive full credit. If the LIFO method is used, determine the following amounts (in dollars \$): i) Ending Inventory on April 30th ii) Cost of Goods Sold for April? Show your calculations to receive full credit. If the company uses the FIFO method, determine the following amounts (in dollars \$): i) Ending Inventory on April 30th ? ii) Cost of Goods Sold for April? Show your calculations to receive full credit
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