Question 5 --/1 View Policies Current Attempt in Progress Flounder Skateshop Ltd. reports the following inventory transactions for its skateboards for the month of April. The company uses a perpetual inventory system. Date Explanation Apr. 1 Beginning inventory 6 Purchases 9 Sales 14 Purchases 20 Sales 28 Purchases Units Unit Cost Total Cost 30 $45 $1,350 15 44 660 (35) 20 860 (25) 20 37 740 43 (a) Determine the cost of goods sold and cost of ending inventory using FIFO. Cost of Goods Sold $ Ending Inventory $ Save for Later Attempts: 0 of 3 used Submit Answer Your grade has been recorded in the Gradebook. Thu, Jun 11, 2020, 4:58:32 PM (Asia/Nicosia +03:00) Previous Next