### question brief exercise 8 5 crane company uses a periodic inventory system for april 4286740

Question

Brief Exercise 8-5

Crane Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available.

Units

Unit Cost

Total Cost

290

11,310

1,000

\$35,250

Compute the April 30 inventory and the April cost of goods sold using the FIFO method.

\$

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