Kingbird uses a periodic inventory system. In April, 600 units were sold and the following additional information is available:

		Units					Unit Cost			Total Cost
April 1 inventory			250				$15.00			$3,750
April 15 purchase			400				21.00			8,400
April 23 purchase			350				27.00			9,450
			1,000							$21,600

Calculate the April 30 inventory and the April cost of goods sold using the weighted average cost formula. (Round the weighted average cost per unit to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 5,125.)

April 30 inventory		$
April cost of goods sold		$

Calculate the April 30 inventory and the April cost of goods sold using the FIFO cost formula.

April 30 inventory		$
April cost of goods sold		$