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QUESTION
Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available.
Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. UnitsUnit CostTotal Cost April 1 inventory250 $10 $2,500 April 15 purchase400 12 4,800 April 23 purchase350 13 4,5501,000$11,850Compute the April 30 inventory and the April cost of goods sold using the FIFO method.Inventory$Cost of goods sold$
