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Buffalo Company uses a periodic inventory system. For April, when the company sold 500 units, the following information is available. Unit Cost $32 April 1

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Buffalo Company uses a periodic inventory system. For April, when the company sold 500 units, the following information is available. Unit Cost $32 April 1 inventory April 15 purchase April 23 purchase Units 290 430 280 1,000 Total Cost $ 9,280 16,340 11,760 42 $37,380 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory Cost of goods sold

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