Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available
|
Units |
Unit Cost |
Total Cost |
|
|
April 1 inventory |
250 |
$10 |
$ 2,500 |
|
April 15 purchase |
400 |
12 |
4,800 |
|
April 23 purchase |
350 |
13 |
4,550 |
|
1,000 |
$11,850 |
Compute the April 30 inventory and the April cost of goods sold using the average cost method.