Compute the cost of ending inventory

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Reference no: EM13267892

Compute the cost of ending inventory of Wood4Fun on April 30 and May 31 using the average- cost method. In addition, determine cost of goods sold for April and May. (Round unit costs to the nearest cent.) April 1st Beginning inventory 50 units@ $240 , April 10 Purchase 100 units @ $ 220, April 17 Sale 90 units, April 30 60 units, May 2 Purchase 100 units @ $ 216, May 14 Purchase 50 units @ $ 224 , May 22 Purchase 60 units @ $ 234, May 30 Sale 200 units, May 31 Ending inventory 70 units i

Reference no: EM13267892

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