Novak Company's record of transactions for the month of April was as follows. Sales Purchases...
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Novak Company's record of transactions for the month of April was as follows. Sales Purchases April 1 (balance on hand) 1,740 @ $6.00 4 4,350 @ 6.08 8 2,320 @ 6.40 13 3,480 @ 6.50 21 2.030 @ 6.60 29 1,450 @ 6.79 April 3 1,450 @ $10.00 94.060 @ 10.00 11 1,740 @ 11.00 23 3,480 @ 11.00 27 2,610 @ 12.00 13.340 15,370 Compute cost of goods sold assuming periodic inventory procedures and inventory priced at FIFO. (Round answer to decimal places, eg. 2,760.) Cost of goods sold $
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