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Marigold Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. Units Unit Cost Total Cost

Marigold Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available.

Units

Unit Cost

Total Cost

April 1 inventory

250 $14 $ 3,500

April 15 purchase

420 17 7,140

April 23 purchase

330

18

5,940

1,000

$16,580

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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