Pharoah Company uses a periodic inventory system. Its records show the following for the month of May, in which 146 units were sold. Unit Cost $10 Total Cost $680 Units 68 56 79 203 May ! Inventory 15 Purchases 24 Purchases Totals 728 14 1,106 $2,514 FIFO Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. LIFO Ending Inventory May 31 Cost of goods sold