Question 5 Larkspur Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. Units April 1 inventory April 15 purchase April 23 purchase 340 390 Unit Cost $23 28 Total Cost $ 7,820 10,920 8,100 $26,840 270 30 1,000 (a) Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit 26.84 LINK TO TEXT (b) Compute the April 30 inventory and the April cost of goods sold using the average cost method. (Round answers to o decimal places, e.g. 2,760.) Ending inventory $ Cost of goods sold $ ly