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Question 9 of 12 > View Policies -/1 E Current Attempt in Progress Carla Vista Co. uses a periodic inventory system. Its records show
Question 9 of 12 > View Policies -/1 E Current Attempt in Progress Carla Vista Co. uses a periodic inventory system. Its records show the following for the month of May, in which 70 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 32 $8 $256 15 Purchase 124 11 264 24 Purchase 39 13 507 Total 95 $1,027 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 O decimal places, eg. 125.) FIFO Ending inventory at May 31 $ LIFO AVERAGE-COST
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