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Splish Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. Ayayai Company uses a periodic

Splish Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available.

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Ayayai Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. image text in transcribed

Unit Cost $19 April 1 inventory April 15 purchase April 23 purchase Units 300 410 290 1,000 Total Cost $ 5,700 9,430 7,250 $22,380 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventorys Cost of goods sold Unit Cost $30 April 1 inventory April 15 purchase April 23 purchase Units 270 440 290 Total Cost $ 8,100 15,840 11,310 39 1,000 $35,250 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory Cost of goods sold

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