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Wildhorse Enterprises uses a periodic inventory system for buckets itsells. It had a beginning inventory on April 1 of 81 units at a cost of

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Wildhorse Enterprises uses a periodic inventory system for buckets itsells. It had a beginning inventory on April 1 of 81 units at a cost of $6 per unit. During April, the following purchases and sales were made. Purchases April 7 71 units at $ 7.00 units at $ 8.00 13 142 23 112 units at $ 9.00 29 51 units at $ 10.00 376 Sales April 5 142 units at $20 11 112 units at $20 20 102 units at $20 30 51 units at $ 20 407 Compute the April 30 ending inventory and April cost of goods sold under (a) average cost. (b) FIFO, and (LIFO. (Round cost per unit to 2 decimal places, s. 15.25 and final answer to decimal places, es. 1.525) (a) Average-cost-Ending Inventory $ Cost of Goods Sold $ (6) FIFO -Ending Inventory $ Cost of Goods Sold $ lo LIFO-Ending inventory Cost of Goods Sold 5 Question 7 of 14 8.4/12.6 Wildhorse Enterprises uses a periodic inventory system for buckets it sells. It had a beginning inventory on April 1 of 81 units at a cost of $6 per unit. During April, the following purchases and sales were made. Purchases April 7 71 units at $ 7.00 13 142 units at $ 8.00 23 112 units at $ 9.00 29 51 units at $ 10.00 376 Sales April 5 142 units at $ 20 11 112 units at $20 20 102 units at $20 30 51 units at $20 407 Compute the April 30 ending inventory and April cost of goods sold under (a) average cost, (b) FIFO, and (c) LIFO. (Round cost per unit to 2 decimal places, e8.15.25 and final answer to decimal places, eg. 1,525.) (a) Average-cost-Ending Inventory $ Cost of Goods Sold $ (b) FIFO - Ending Inventory $ I Cost of Goods Sold $ c) LIFO - Ending Inventory $ Cost of Goods Sold $

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