Assumung that the company uses the perpetual inventory system, determine the ending inventory value for the manth of May using the FIfo inventory cost method. a. $459 b. 5632 C. $252 d. $315 Assuming that the company uses the perpetual inventory system, determine the gross proft for the sale of May 23 using the Flfo inventory cost method. a. 563 b. $111 c. 536 d. 5159 The inventory data for an item for November are: Using a perpetual system, what is the cost of merchandise sold for November if the company uses UFO? a. 5987 b. 5555 c. $537 d. 5744 Assurming thist the contany uses the pepetual inventory spstem, determine the ending inventory for the month of May wing the ufo inventory cost method. a. 3277 b. 5319 c. $361 d. 1160