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Exercise 6-05 Larkspur, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold.

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Exercise 6-05 Larkspur, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold. Units Unit Cost Date May 1 Explanation Inventory Purchase Purchase Total Total Cost $306 260 440 $1,006 24 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost. LINK TO TEXT LINK TO VIDEO Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to o decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at May 31s Click if you would like to Show Work for this question: Open Show Work

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