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stion 11 ABC Company uses a periodic inventory system, the following information is available. ret ered ed out of April 1 inventory April 15 purchase

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stion 11 ABC Company uses a periodic inventory system, the following information is available. ret ered ed out of April 1 inventory April 15 purchase April 23 purchase Units Unit Cost Total Cost 200 5 1,000 600 6 3,600 g question 400 8 1,200 3,200 7,800 In April, ABC company sold 600 units Compute the April 30 inventory and the April cost of goods sold using: 1- the average cost method. 2- the FIFO method

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