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The inventory records of Kyle Corp. for April 2020 showed the following: Units Cost per unit Total cost Balance at April 1 2,000 $10 $20,000
The inventory records of Kyle Corp. for April 2020 showed the following: Units Cost per unit Total cost Balance at April 1 2,000 $10 $20,000 April 6 Purchase 4,000 $13 $52,000 April 7 Sale 1,500 April 26 Purchase 2,000 $14 $28,000 April 28 Sale 3,000 If Kyle Corp. maintains perpetual inventory records and uses weighted average cost, what is the cost of goods sold for the April 7 sale
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