Blossom Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Ending inventory Units Cost of goods sold 300 S 440 1,000 SA 260 Unit Cost $33 40 43 Total Cost $9.900 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. 17,600 11,180 $38,680

Blossom Company uses a periodic inventory system. For April, when the compamy sold 550 units, the following information is available. Compute the April 30 inventory and the April cost of goods sold using the FIFO method