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Marin Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Date May

Marin Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Date May 1 15 24 Explanation Inventory Purchase Purchase Total Units Ending inventory at May 31 31 27 37 95 Unit Cost $ $10 11 13 Total Cost FIFO $310 Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round average unit cost to 2 decimal places, eg. 2.51 and final answers to 0 decimal places, e.g. 125.) 297 481 $1,088 $ LIFO $. AVERAGE-COST
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Marin Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round average unit cost to 2 decimal places, eg. 2.51 and final answers to 0 decimal places, eg 125.)

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