View Policies Current Attempt in Progress Sheffield Company uses a periodic inventory system. For April, when the company sold 560 units, the following information is available April 1 inventory April 15 purchase April 23 purchase Units 240 370 390 1.000 Unit Cost $27 32 35 Total Cost $ 6,480 11,840 13,650 $31.970 Compute the April 30 inventory and the April cost of goods sold using the FIFO method $ Ending inventory $ 18960 Cost of goods sold Sunland Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available April 1 inventory April 15 purchase April 23 purchase Units 340 390 270 1,000 Unit Cost $23 28 30 Total Cost $7,820 10.920 8,100 $26,840 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. $ Ending inventory Cost of goods sold $