ses a periodic inventory system. Its records show the following for the month of May, in which 166 units were sold.

				Units			Unit Cost			Total Cost
May 1		Inventory		73			$9			$657
15		Purchases		61			12			732
24		Purchases		85			13			1,105
		Totals		219						$2,494

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 FIFo LIFO