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Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units 250 Unit Cost $28
Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units 250 Unit Cost $28 Total Cost $7,000 April 1 inventory April 15 purchase 350 34 11,900 April 23 purchase 400 36 14.400 1.000 $33,300 (a) Question 1 of 3 0.5/1 Weighted average cost per unit $ $ 33.30 eTextbook and Media Attempts: 1 of 3 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 $ 13,120 Cost of goods sold $ 20,180
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