Question: QUESTION 23 Reference: 07-01 Shillings had the following inventory activity during April: Units Unit cost Total cost Beginning inventory 800 $10.00 58,000 Purchase: April 4
QUESTION 23 Reference: 07-01 Shillings had the following inventory activity during April: Units Unit cost Total cost Beginning inventory 800 $10.00 58,000 Purchase: April 4 11,400 11.00 15,400 Sale: April 8. (1,500) Purchase: April 12 1900 10.50 9,450 Sales: April 24 |(900) If Shillings is using a perpetual system and the weighted average costing assumption, what is the cost of goods sold closest to? $24,683 $24.777 $25,458 $25,012
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