Brief Exercise 8-5 Sheridan Company uses a periodic Inventory system. For April, when the company sold 650 units, the following information is available. Units Unit Cost Total Cost April 1 Inventory 310 $20 $ 6,200 April 15 purchase 390 24 9,360 April 23 purchase 300 2 6 1,000 $23,360 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory Cost of goods sold s