Current Attempt in Progress Waterway Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Ending inventory Units Cost of goods sold 260 360 380 1000 Unit Cost $29 35 1998 Total Cost $7,540 12,600 14.440 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. $34.580

Waterway Company uses a periodicirventory system. For Aprit when the compary sold 450 units, the following information is available. Compute the April 30 inventory and the Aonil cost of goods sold using the FIFO method