Determine the May 31 inventory balance using the FIFO inventory costing method. a. $360 b. $420 C. $366 d. $300 Boxwood Company selis blankets for $40 each. The following information was taken from the tiverwori Determine the May 31 inventory balance using the FIFO inventory costing method. 5. 5360 b. 5420 C. $366 d. 5300 Determine the May 31 inventory balance using the FIFO inventory costing method. a. $360 b. $420 C. $366 d. $300 Boxwood Company selis blankets for $40 each. The following information was taken from the tiverwori Determine the May 31 inventory balance using the FIFO inventory costing method. 5. 5360 b. 5420 C. $366 d. 5300