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Horne Inc. uses a periodic inventory system. Its records show the following for the month of May, in which96units were sold. Date Explanation Units Unit

Horne Inc. uses a periodic inventory system. Its records show the following for the month of May, in which96units were sold.
Date Explanation Units Unit Cost Total Cost
May 1 Inventory 39 $12 $468
15 Purchase 33 13 429
24 Purchase 49 14 686
Total 121 $1,583
Calculate the weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)
Weighted-average unit cost $
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(a) Calculate the ending inventory at May 31 using the FIFO method.
The ending inventory at May 31 using the FIFO $
(b) Calculate the ending inventory at May 31 using the LIFO method.
The ending inventory at May 31 using the LIFO $
(c) Calculate the ending inventory at May 31 using the average-cost method. (Round answer to 0 decimal places, e.g. 125.)
The ending inventory at May 31 using the average cost

$

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