Inventory Costing Methods Britt Company which uses a Periodic inventory system, had a beginning inventory on May 1st of 200 units of Product A at a cost $6 per unit. During May, the following purchases of inventory were made. 564 units were sold. Purchases made during the month: May 10 200 units at $7 18 100 units at $9 21 180 units at $10 30 100 units at $11 Compute the May 31 ending inventory and cost of goods sold using each of the following cost flow assumptions. For full points you must show all work! You can complete here in the exam or on paper and submit via email by the end of the day. Please type SUBMITTED VIA EMAIL in text box this is your option. For full points you MUST show your work and your answers! Question 27 (3 points) Compute the Ending Inventory for Britt Company using the FIFO inventory costing method Question 28 (3 points) Compute the cost of Goods Sold for Britt Company using the FIFO Inventory Costing Method