182.A company's inventory records indicate the following data for the month of April:
April 1beginning350 units at $18 each
April 5purchase290 units at $20 each
April 9sale500 units at $55 each
April 14purchase250 units at $22 each
April 20sale200 units at $55 each
April 30purchase240 units at $25 each
If the company uses the first-in, first-out (FIFO) method and the perpetual inventory system, what is the amount of cost of goods sold for April?
183.Calculate the ending inventory using FIFO for a company that uses a perpetual inventory system, using the information given below.
UnitsUnit Cost
Beginning inventory100$10
Aug. 5 purchased4012
Aug. 10 sold60-
Aug. 15 purchased7013
Aug. 25 sold50-
184.Calculate the ending inventory using LIFO for a company that uses a perpetual inventory system, using the information given below.
UnitsUnit Cost
Beginning inventory100$10
Aug. 5 purchased4012
Aug. 10 sold60-
Aug. 15 purchased7013
Aug. 25 sold50-