Crane Co. uses a periodic inventory system. Its records show the following for the month of May, in which 68 units were sold. Unit Cost Units Total Cost May 1 31 $5 $155 Inventory Purchases 15 27 8 216 24 Purchases 32. 9 288 Totals 90 $659 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO x Ending inventory at May 31 Cost of goods sold Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE