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Units Unit Cost Total Cost April 1 inventory 320 $21 $ 6,720 April 15 purchase 400 25 10,000 April 23 purchase 280 27 7,560 1,000
Units | Unit Cost | Total Cost | ||||||
---|---|---|---|---|---|---|---|---|
April 1 inventory | 320 | $21 | $ 6,720 | |||||
April 15 purchase | 400 | 25 | 10,000 | |||||
April 23 purchase | 280 | 27 | 7,560 | |||||
1,000 | $24,280 |
Compute the April 30 inventory and the April cost of goods sold using the LIFO method.
Ending inventory | $enter a dollar amount | |
---|---|---|
Cost of goods sold | $enter a dollar amount |
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