Exercise 3 up to 3 points Berlin Company uses a periodic inventory system. For June, when the company sold 750 units, the following information is available. April 1 Inventory April 15 Purchase April 23 Purchase Available for sale Requirements Compute April 30 Inventory using FIFO Compute April 30 Cost of Goods Sold using FIFO Units Unit Cost Total Cost 350 $ 10 $ 3,500 500 12 6,000 300 15 4,500 1,150 $ 14,000 Answer Compute April 30 Inventory using LIFO Compute April 30 Cost of Goods Sold using LIFO Show your calculations in the work area tpo the right. Failure to show your work will result in no credit for this exercise.