ABC Company uses a periodic inventory system, the following information is available. 200 April 1 inventory April 15 purchase April 23 purchase Units Unit Cost Total Cost 5 1,000 600 6 3,600 400 8 3,200 1,200 7,800 In April, ABC company sold 500 units Compute the April 30 inventory and the April cost of goods sold using: 1- the average cost method. 2- the FIFO method