5. ABC Company uses a periodic inventory system. At the end of May, 60 units were on hand. The following information is available for the month of May: May 1 on hand, 20 units at $10 each $200 4 purchased, 100 units at 11 each 1,100 15 purchased, 50 units at $12 each 600 Total cost of goods available for sale $1,900 31 On hand, 60 units

Calculate the cost of goods sold and the cost of ending inventory using the FIFO, LIFO and average inventory costing method.