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Waterway Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available.
| | Units | | Unit Cost | | Total Cost |
April 1 inventory | | 260 | | $29 | | | $ 7,540 | |
April 15 purchase | | 360 | | 35 | | | 12,600 | |
April 23 purchase | | 380 | | 38 | | | 14,440 | |
| | 1,000 | | | | | $34,580 | |
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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