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Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Date Explanation

Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold.

Date

Explanation

Units

Unit Cost

Total Cost

May 1 Inventory

32

$8

$256

15 Purchase

25

9

225

24 Purchase

41

10

410

Total

98

$891

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Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Weighted-average unit cost
$____

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Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Average Cost

$____ $____ $_______

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