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Skysong, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 81 units Unit Units Cost Total

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Skysong, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 81 units Unit Units Cost Total Cost May 1 Inventory 38 15 Purchases 31 24 Purchases44 Totals 113 $9 12 13 $342 372 572 $1,286 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 LINK TO TEX

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