Solution-Compute the april invenotry and cost of goods sold

Compute the april invenotry and cost of goods sold

Reference no: EM131696507

Question – Novak Company uses a periodic inventory stsyem. For April, when the company sold 560 units, the following information is available.

	Uints	Unit Cost	Total Cost
April 1 inventory	240	$27	$6,480
April 15 purchase	370	32	11,840
April 23 purchase	390	35	13,650
	1,000		$31,970

Required - Compute the April 30 invenotry and the April cost of goods sold using the FIFO method.

Reference no: EM131696507

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Compute the april invenotry and cost of goods sold

Reference no: EM131696507

Reference no: EM131696507

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