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Vaughn Company uses a periodic inventory system. For April, when the company sold 540 units, the following information is available. Units Unit Cost Total Cost
Vaughn Company uses a periodic inventory system. For April, when the company sold 540 units, the following information is available. Units Unit Cost Total Cost 220 $25 $5,500 April 1 inventory April 15 purchase April 23 purchase 380 30 11,400 400 33 13,200 1,000 $30,100 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. $ 17400 Ending inventory Cost of goods sold 12700
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