Required: Determine the cost of the ending inventory and the cost of goods sold for June using the LIFO method. 9) A company made the following merchandise purchases and sales during the month of May Purchased 380 units at $15 each May 1 Purchased 270 units at 400 units at $50 each 300 units at $22 each 400 units at $50 each $17 each May 5 May 10 Sold May 20 Purchased May 25 Sold There was no beginning inventory. If the company uses the periodic weighted average method, what would be the cost of the ending inventory? 10) A company made the following merchandise purchases and sales during the month of May May 1 Purchased May 5 Purchased 270 units at May 10 Sold May 20 Purchased May 25 Sold 380 units at $15 each s17 each $50 each $22 each $50 each 400 units at 300 units at 400 units at uses the periodic FIFO inventory method, what would be the There was no beginning inventory. If the company cost of the ending inventory