Assurving that the company wses the perpetual ifventory system. determine the ending ifyentory for the month of May using the Lifo irventory cost method. a. 5277 b. 5319 c. $361 d. $160 The following units of an inventory item were available for sale during the year: The firm uses the periodic inventory system. During the year, 49 units of the item were sold. The value of ending inventory using FIFO is a. $1.282 b. $2,538 c. $1,602 d. $2,226 The imentary data for an item for Navember sre: Using a perpetius system, what is the cost of merctundise sald for November if the company uses twro? a. 590 b. 5555 c. 5537 4. 5744 () 3t 1)1