Question: Pronghorn Ltd . , which uses A perpetual inventory system, recorded the following inventory transactions for this year. April 1 st beginning inventory units 1
Pronghorn Ltd which uses A perpetual inventory system, recorded the following inventory transactions for this year. April st beginning inventory units unit cost $ april th purchase units at $ unit cost, may th purchase units at $ unit cost, may th sale units at $ per unit, june th purchase units at $ unit cost. Using the FIFO cost formula calculatethe cost of goods sold for the quarter ended june Using the average cost formula calculate the ending inventory at june round per unit costs to decimal places and final answer to decimal places
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