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Sheffield Company uses a periodic inventory system. For April, when the company sold 560 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 560 units, the following information is available. Units Unit Cost Total Cost 240 $27 $ 6,480 April 1 inventory April 15 purchase April 23 purchase 370 32 11,840 390 35 13,650 1,000 $31.970 Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, eg. 2.76.) Weighted average cost per unit $ 31.97 e Textbook and Media Assistance Used e Textbook Compute the April 30 inventory and the April cost of goods sold using the average cost method. (Round answers to decimal places, eg. 2,760) Ending inventory $ Cost of goods sold $

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