Question: Please use FIFO. Brief Exercise 8-05 X Your answer is incorrect. Try again. Oriole Company uses a periodic inventory system. For April, when the company
Please use FIFO.
Brief Exercise 8-05 X Your answer is incorrect. Try again. Oriole Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Unit Cost $30 April 1 inventory April 15 purchase April 23 purchase Units 270 440 290 1,000 36 Total Cost $ 8,100 15,840 11,310 $35,250 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory 18540 Cost of goods sold 16710
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