A company made the following merchandise purchases and sales during the month of May:

There was no beginning inventory. If the company uses the FIFO, LIFO, weighted average periodic inventory methods, what would be the cost of the ending inventory and the COGS?

May 1 May 5 May 10 May 20 May 25 purchased 380 units at purchased 270 units at Sold 400 units at Purchased 300 units at Sold 400 units at $15 each $17 each $50 each $22 each $50 each