Exercise 6-06 (Video) Sunland Co. uses a periodic inventory system. Its records show the following for the month of May, in which 73 units were sold Unit Units CostTotal Cost May 1 Inventory 34 15 Purchases 27 24 Purchases34 95 $12 15 16 $408 405 544 $1,357 Totals Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods FIFO LIFO Ending inventory at May 31 Cost of goods sold Click if you would like to Show Work for this question: Open Show Work