Flounder Corp. uses a periodic inventory system. Its records show the following for the month of May, in which73units were sold.

Date

Explanation

Units

Unit Cost

Total Cost

May 1

Inventory

30

$9

$270

15

Purchase

21

10

210

24

Purchase

39

11

429

Total

90

$909

Calculate the weighted-average unit cost.(Round answer to 3 decimal places, e.g. 5.125.)

Weighted-average unit cost$Enter the Weighted-average unit cost in dollars

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Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods.(Round answers to 0 decimal places, e.g. 125.)

FIFO

LIFO

AVERAGE-COST

The ending inventory at May 31

$Enter a dollar amount

$Enter a dollar amount

$Enter a dollar amount