Coronado Co. uses a periodic inventory system. Its records show the following for the month of May, in which74units were sold.

Units

Unit Cost

Total Cost

May 1Inventory34

$10

$340

15Purchases29

13

377

24Purchases33

14

462

Totals96

$1,179

Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods.