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

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

UnitsUnit CostTotal Cost
April 1 inventory250$18.00$4,500
April 15 purchase40021.008,400
April 23 purchase35026.009,100
1,000$22,000

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

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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