BES.4 (LO 3) Amsterdam Company uses a periodic inventory system. For April, when the company sold...

 

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BES.4 (LO 3) Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Units 250 400 350 1,000 Unit Cost $10 12 13 Total Cost $ 2,500 4,800 4,550 $11,850 Compute the April 30 inventory and the April cost of goods sold using the average-cost method. BE8.5 (LO 3) Data for Amsterdam Company are presented in BE8.4. Compute the April 30 inventory and the April cost of goods sold using the FIFO method. BES.6 (LO 3) Data for Amsterdam Company are presented in BE8.4. Compute the April 30 inventory and the April cost of goods sold using the LIFO method. BES.4 (LO 3) Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Units 250 400 350 1,000 Unit Cost $10 12 13 Total Cost $ 2,500 4,800 4,550 $11,850 Compute the April 30 inventory and the April cost of goods sold using the average-cost method. BE8.5 (LO 3) Data for Amsterdam Company are presented in BE8.4. Compute the April 30 inventory and the April cost of goods sold using the FIFO method. BES.6 (LO 3) Data for Amsterdam Company are presented in BE8.4. Compute the April 30 inventory and the April cost of goods sold using the LIFO method.

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