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Sunland Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 79 units were sold. Date
Sunland Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 79 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 36 $8 $288 225 15 Purchase 25 9 225 24 Purchase 39 10 390 Total 100 $903 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ eTextbook and Media Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.) FIFO Ending inventory at May 31 $ eTextbook and Media LIFO AVERAGE-COST $
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