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Swifty Company uses a periodic inventory system. For April, when the company sold 420 units, the following information is available. Units Unit Cost Total Cost

Swifty Company uses a periodic inventory system. For April, when the company sold 420 units, the following information is available.

Units

Unit Cost

Total Cost

April 1 inventory

240 $13 $ 3,120

April 15 purchase

440 16 7,040

April 23 purchase

320

17

5,440

1,000

$15,600

Compute the April 30 inventory and the April cost of goods sold using the FIFO method.

Ending inventory

$enter a dollar amount

Cost of goods sold

$enter a dollar amount

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