Compute ivottory and cost E6-5 Xiong Co. uses a periodic inventory system. Its records show the following for the month of May, in which 65 units were sold. of goods sold using FIFO and Units Unit Cost Total Cost (LO2) May Inventory 30 $ 8 $240 15 Purchases 25 275 24 Purchases 35 420 Totals Instructions Compute the ending inventory at May 31 and cost of goods sold using the FIFO and Life Averer methods. Promethe mettitalloested to cost of goods sold undereach method