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Sheffield Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost

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Sheffield Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost Apri 1 inventory 320 April 15 purchase 430 April 23 purchase 250 1,000 $35 11,200 18,060 4611,500 $40,760 42 Compute the April 30 inventory and the April cost of goods sold using the FIFO method Ending inventory 18342 Cost of goods sold 22418

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