PLUS het Skatem Announcements Weygandt, Accounting Principles, 13e URCES Exercise 6-06 (Video) Crane Co. uses a periodic inventory system. Its records show the following for the month of May, in which 68 units were sold. Units Unit Cost Study May 1 15 Inventory Purchases Purchases Totals 31 27 32 $5 8 9 Total Cost $155 216 288 $659 24 90 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 $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE