Sandhill Co. uses a periodic inventory system. Its records show the following for the month of April, with 24 units on hand at April 30:

				Units					Unit Cost			Total Cost
April 1		Inventory			29				$ 7				$ 203
12		Purchases			43				10				430
16		Purchases			17				12				204
		Total			89								837

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 0 decimal places, e.g. 5,275.)

		FIFO		Weighted average
Ending Inventory		$_______________		$_______________
Cost of Goods Sold		$______________		$________________

Prove the cost of goods sold calculations. (Round the average cost per unit to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,275.)

Check of Cost of Goods Sold (FIFO):
		Units		Unit Cost		Total Cost
Apr. 1		_______________		$____________		$_________________
Apr. 12		______________		$____________		$_________________

Weighted Average: Check of Cost of Goods Sold: _____________ $_____________ per unit = $ _________________