on 13 Sheridan Company uses a periodic Inventory system. Its records show the following for the month of April, with 23 units on hand at April 30: Unit April 1 12 16 Inventory Purchases Purchases Total Units 30 50 15 95 Cost $8 10 11 Total Cost $240 500 165 905 (a) Calculate the ending inventory and cost of goods sold at April 30 using the FIFO and weighted average cost formulas. (Round the weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answers to o decimal places, e.g. 5,275.) FIFO Weighted average Ending Inventory $ $ Cost of Goods Sold