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Given the information shown Calculate the ending inventory at May 31 using the FIFO,LIFO and average-cost methods?(Round answers to 0 decimal places) Weighted-average unit cost:11.060

Given the information shown Calculate the ending inventory at May 31 using the FIFO,LIFO and average-cost methods?(Round answers to 0 decimal places) Weighted-average unit cost:11.060

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Cullumber Inc uses a periodic inventory system. Its records show the following for the month of May, in which 7 7 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 34 $10 $340 15 Purchase 26 11 286 24 Purchase 40 12 480 Total 100 $1.106 (a1) Your answer is correct. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125!) Weighted-average unit cost 11050

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