Wildhorse Company uses a periodic inventory system. Its records show the following for the month of April, with 23 units on hand at April 30: April 1 Inventory 12 Purchases 16 Purchases Total Unit Total Units Cost Cost 「8|བ ཆེ སུ $7 $189 12 588 10 170 $947 (a) Calculate the ending inventory and cost of goods sold at April 30 using the FIFO and weighted average cost formulas. (Round the weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 5,275.) FIFO Ending Inventory $ Cost of Goods Sold $ Weighted average $ $

Wildhorse Company uses a periodic inventory system. Its records show the following for the month of April, with 23 units on hand at April 30: April 1 Inventory 12 Purchases 16 Purchases Total Unit Total Units Cost Cost 「8|བ ཆེ སུ $7 $189 12 588 10 170 $947 (a) Calculate the ending inventory and cost of goods sold at April 30 using the FIFO and weighted average cost formulas. (Round the weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 5,275.) FIFO Ending Inventory $ Cost of Goods Sold $ Weighted average $ $

Name: Wildhorse Company uses a periodic inventory system. Its records show
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Description: Wildhorse Company uses a periodic inventory system. Its records show the following for the month of April, with 23 units on hand atApril 30:April 1Inventory12Purchases16PurchasesTotalUnitTotalUnitsCostCost|8 བ ཅེ སུ$7$1891258810170$947(a)Calculate t

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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