LoBianco Company’s Problem with Solution

LoBianco Company’s Problem with Solution

LoBianco Company’s record of transactions for the month of April was as follows.
Purchases Sales
April 1 (Balance on hand)
744 @ 6 620 @ 9
1860 @ 6.3 1612 @ 9
992 @ 6.5 744 @ 11
1488 @ 6.8 1488 @ 11
868 @ 6.9 1116 @ 13
620 @ 7.3
5,300 5,580

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