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Co Z has periodic system; May 1, inventory 140 $2.50 $ 350 Purchases: May 5 200 3.50 700 May 10 140 4.50 630 May 15

Co Z has periodic system; May 1, inventory 140 $2.50 $ 350 Purchases: May 5 200 3.50 700 May 10 140 4.50 630 May 15 160 5.50 880 Sales: May 11 250 May 19 150 Required: Determine the COGS value with LIFO method

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