Early in 2017, Sheffield Corp. switched to a just-in-time inventory system. Its sales and Inventory amounts for 2016 and 2017 are shown below. Sales revenue Cost of goods sold Beginning inventory Ending Inventory 2016 $3,377,410 1,226,300 162,780 204,780 2017 $3,760,580 1,283,810 204,780 90,030 Determine the inventory turnover for 2016 and 2017 (Round answers to 1 decimal place, ag. 5.1.) 2016 2017 Inventory turnover Determine the days in Inventory for 2016 and 2017. (Round answers to 1 decimal place, e.g. 5.1.) 2016 2017 Days in invertory days days Riverbed Corp uses a periodic Inventory system. Its records show the following for the month of May, in which 75 units were sold. Date May 1 15 24 Explanation Inventory Purchase Purchase Total Units 28 23 36 87 Unit Cost $8 9 10 Total Cost $224 207 360 $791 Calculate the weighted average unit cost. (Round answer to 3 decimal places, eg. 5.125.) Weighted average unit cost Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at May 31 $ $