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Quiz Company uses the perpetual method. Use the following information to calculate total COGS and ending inventory using each of the cost flow methods. Date

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Quiz Company uses the perpetual method. Use the following information to calculate total COGS and ending inventory using each of the cost flow methods. Date Units Cost Total Beg. Inv. 1-May 16 $ 2.00 $ 32.00 Purchase 8-May24 il $ 2.50 $ 60.00 Sale 20-May34 X $ 5.00 11 $170.00 Purchase 25-May36 $3.00 $108.00 Sale 28-May30 $5.00 $150.00 How much is COGS for May if the specific identification method is used and the ending inventory includes 1 unit from the 5/8 purchase and 11 units from the 5/25 purchase? $164.50 $165.20 $164 5176 S210 5170

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