Coronado Company uses a periodic inventory system. For April, when the company sold 450 units, the following inform available. April 1 inventory April 15 purchase April 23 purchase Units Unit Cost 330 $22 380 26 290 29 1,000 Total Cost $7,260 9,880 8,410 $25,550

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Coronado Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is
available.
April 1 inventory
April 15 purchase
April 23 purchase
Units
330
380
290
Ending inventory
1,000
$
Cost of goods sold $
Unit Cost
$22
26
eTextbook and Media
Save for Later
29
Compute the April 30 inventory and the April cost of goods sold using the LIFO method.
Total Cost
$7,260
9,880
8,410
$25,550
Attempts: 0 of 3 used Submit Answer
Transcribed Image Text:Current Attempt in Progress Coronado Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Units 330 380 290 Ending inventory 1,000 $ Cost of goods sold $ Unit Cost $22 26 eTextbook and Media Save for Later 29 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Total Cost $7,260 9,880 8,410 $25,550 Attempts: 0 of 3 used Submit Answer
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