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The following information was available from the inventory records of Venti Co. for April: Units Unit Cost Total Cost Balance at April 1 15 $25
The following information was available from the inventory records of Venti Co. for April: Units Unit Cost Total Cost Balance at April 1 15 $25 $375 Purchases: April 6 25 30 750 April 15 20 35 700 April 28 25 40 1000 Sales: April 9 (20) April 22 (15) April 30 (30) Assuming that Venti maintains perpetual inventory records, what was the total COGS for the month of April, using the FIFO inventory method? $2,025 $2,300 $525 $800
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