6eduret (intial Inventory Costing Methods-Periodic Method Merritt Company uses the periodic inventory system. The following May data are for an item in Mernitt's inventory: Calculate the cost of goods sold for May and ending inventory at May 31 using (a) first.in, first-out, (b) iast-in, first-out, and (c) the weighted-average cost methods. Do not round untal your finat answers. Round your finat answers to the nearest dollar. Inventory Costing Methods-Periodic Method Merritt Company uses the periodic inventory system. The following May data are for an itern in Merritt's inventory? Calculate the cost of goods sold for May and end ing inventory at May 31 using (a) firstein, first -out, (b) last - in, first-out, and (c) the weighted-average cost methods Do not round until your final answers. Round your final answers to the nearest dollar. 6eduret (intial Inventory Costing Methods-Periodic Method Merritt Company uses the periodic inventory system. The following May data are for an item in Mernitt's inventory: Calculate the cost of goods sold for May and ending inventory at May 31 using (a) first.in, first-out, (b) iast-in, first-out, and (c) the weighted-average cost methods. Do not round untal your finat answers. Round your finat answers to the nearest dollar. Inventory Costing Methods-Periodic Method Merritt Company uses the periodic inventory system. The following May data are for an itern in Merritt's inventory? Calculate the cost of goods sold for May and end ing inventory at May 31 using (a) firstein, first -out, (b) last - in, first-out, and (c) the weighted-average cost methods Do not round until your final answers. Round your final answers to the nearest dollar