Question: Pronghorn ltd uses a perpetual inventory system , recorded the following inventory transactions for this year: apr 1 beggining inventory 1 0 0 units 1

Pronghorn ltd uses a perpetual inventory system , recorded the following inventory transactions for this year: apr 1 beggining inventory 100 units 17$ unit cost apr 25th purchase 310 units unit cost 19$ may 4th purchase 140 units unit cost 21 may 16th sale 250 units unit price 33$ june 4th purchase 110 units unit cost 25$ . Using the FIFO cost formula calculate the cost of goods sold for the quarter ended june 30

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