Brief Exercise 8-05 Whispering Company uses a periodic inventory system. For April, when the company sold 500 units, the following information is available. Units 320 April 1 inventory April 15 purchase April 23 purchase Unit Cost $21 25 400 280 Total Cost $ 6,720 10,000 7,560 $24,280 27 1,000 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. $ Ending inventory Cost of goods sold