Howe Corp. had 1,500 units on hand of part 54169 on May 1, 2020, with a cost of $23 per unit. Howe uses a periodic inventory system. Purchases of part 54169 during May were as follows: Units Unit Cost May 9 2.000 $24 17 3,500 25 26 1,000 26 A physical count on May 31, 2020, shows 2,000 units of part 54169 on hand. Using the FIFO method, what is the inventory cost of part 54169 at May 31, 2020? Using the weighted average cost formula, what is the inventory cost? (Round weighted average cost per unit to 2 decimal places, e.g. 52.75.) FIFO method, inventory cost of part 54169 $ Weighted Average cost method, inventory cost $ Grossman Ltd., a retail store chain, had the following information in its general ledger for the year 2020: Merchandise purchased for resale $909,400 Interest on notes payable to vendors for the purchase of inventory 8,700 Purchase returns 16,500 Freight in 22,000 Freight out 17,100 Cash discounts on purchases 6,800 Storage costs incurred when warehouse became full 8,300 Assume that Grossman Ltd. is a private company reporting under ASPE. What is Grossman's inventoriable cost for 2020? Inventoriable cost $