Novak Corp.uses a periodic inventory system. Its records show the following for the month of May, in which143units were sold.

Units

Unit Cost

Total Cost

May 1

Inventory

66

$15

$990

15

Purchases

55

18

990

24

Purchases

77

19

1,463

Totals

198

$3,443

Compute the ending inventory at May 31 and cost of goods sold using theFIFO, LIFO, and average-cost methods.(Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125.)

FIFO

LIFO

Average-cost

Ending inventory at May 31

$

enter the ending inventory at May 31 as per FIFO amount in dollars

$

enter the ending inventory at May 31 as per LIFO amount in dollars

$

enter the ending inventory at May 31 as per Average-cost amount in dollars

Cost of goods sold

$

enter the cost of goods sold as per FIFO amount in dollars

$

enter the cost of goods sold as per LIFO amount in dollars

$

enter the cost of goods sold as per Average-cost amount in dollars