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Sheridan Company uses a periodic inventory system. For April, when the company sold 450 units,...

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Sheridan Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost 280 $17 $4,760 April 1 inventory April 15 purchase April 23 purchase 420 20 8,400 300 22 6,600 1,000 $19,760 * Your answer is incorrect. Compute the April 30 inventory and the April cost of goods sold using the average-cost method (Round answers to decimal place eg. 2,760.) Ending inventory 10160 Cost of goods sold $ 9600

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