Waterway Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Unit Cost $29 April 1 inventory April 15 purchase April 23 purchase Units 260 360 380 1,000 35 38 Total Cost $ 7,540 12,600 14,440 $34,580 (a) Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, eg. 2.76.) Weighted average cost per unit $ $ 34.58 e Textbook and Media Attempts: 3 of 5 used (b) Your answer is incorrect. Compute the April 30 inventory and the April cost of goods sold using the average-cost method. (Round answers to decimal places, eg. 2,760.) Ending inventory $ Cost of goods sold $ |