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Skysong uses a periodic inventory system. In April, 600 units were sold and the following additional information is available: Units Unit Cost Total Cost April

Skysong uses a periodic inventory system. In April, 600 units were sold and the following additional information is available:

Units Unit Cost Total Cost
April 1 inventory 250 $18.00 $4,500
April 15 purchase 400 25.00 10,000
April 23 purchase 350 29.00 10,150
1,000 $24,650

Calculate the April 30 inventory and the April cost of goods sold using the weighted average cost formula. (Round the weighted average cost per unit to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 5,125.)

April 30 inventory $
April cost of goods sold $

Calculate the April 30 inventory and the April cost of goods sold using the FIFO cost formula.

April 30 inventory $
April cost of goods sold $

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