find cost of goods sold and ending inventory for fifo and li

ORION Downloadable eTextbook Exercise 66 apter Your answer is incorrect. Try again. Tamarisk, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 114 units were sold. Units Unit Cost Total $13 16 May 1 Inventory53 15 Parchases 44 24 Purchases 61 Totals 158 $689 704 171,037 $2,430 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. LIFO Ending inventory at May 31 Cost of goods sold Click if you would like to Show Work for this question: 0pen Show Work m Cortana. Ask me O B Geek Americas 1-008 FS F6 F7 F8 F9 F10 F1I