Oriole Co. uses a periodic inventory system. Its records show the following for the month of May, in which 70 units were sold Unit Cost Units Total Cost $240 319 396 $955 $8 May 1 Inventory 30 29 15 Purchases 24 Purchases 12 Totals 92 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods FIFO LIFO Ending inventory at May 31 Cost of goods sold