Brief Exercise 8-6 Teal Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available Units Unit Cost Total Cost April 1 inventory April 15 purchase April 23 purchase 320 430 250 1,000 $35 11,200 18,060 11,500 $40,760 42 46 Compute the April 30 inventory and the April cost of goods sold using the LIFO method Ending inventory Cost of goods sold