2 part

Marin Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Date Explanation Inventory Purchase Purchase May 1 15 Units 35 25 Unit Cost $10 11 Total Cost $350 275 480 $1,105 24 40 12 Total 100 Calculate the weighted average unit cost. (Round answer to 3 decimal places, eg. 5.125.) Weighted average unit cost $ Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to O decimal places, eg. 125) FIFO LIFO AVERAGE-COST The ending inventory at $ May 31