Sunland Company uses a periodic inventory system. For April,
when the company sold 550 units, the following information is
available.
Units | Units Cost | Total Units | |
April 1 Inventory | 340 | $23 |
$7,820 |
April 15 Purchase | 390 | 28 |
10,920 |
April 23 Purchase | 270 | 30 |
8,100 |
Total | 1,000 | $26,840 |
Compute the April 30 inventory and the April cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 2,760.)
Ending Inventory?
Cost of Goods Sold?
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