During April, Dover company that uses a periodic inventory system had beginning inventory, purchases, and...
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Accounting
During April, Dover company that uses a periodic inventory system had beginning inventory, purchases, and sales as follows: Units Cost per Unit Beginning inventory 500 $ 250 April 5 purchase 750 $ 255 April 10 sale 1,000 April 17 purchase 325 $ 265 April 21 sale 565 April 24 purchase 745 $ 275 April 30 sale 580 Using the FIFO method, calculate the company's Cost of Goods Sold for the month of April and the value of inventory as of April 30
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