Solution-Compute the april inventory and the april cost of

Compute the april inventory and the april cost of goods sold

Reference no: EM132468320

Problem - Cheyenne Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available.

	Units	Unit Cost	Total Cost
April 1 inventory	260	$15	$3,900
April 15 purchase	430	18	7,740
April 23 purchase	310	20	6,200
	1,000		$17,840

Required - Compute the April 30 inventory and the April cost of goods sold using the average-cost method.

Reference no: EM132468320

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Compute the april inventory and the april cost of goods sold : Cheyenne Company uses a periodic inventory system. Compute the April 30 inventory and the April cost of goods sold using the average-cost method

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Compute the april inventory and the april cost of goods sold

Reference no: EM132468320

Reference no: EM132468320

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