The Dollar Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1.

Date	Product Z	units	Cost
May 3	Purchase	5	$30
May 10	Sale	3
May 17	Purchase	10	$34
May 20	Sale	6
May 23	Sale	3
May 30	Purchase	10	$40

Assuming that the company uses the perpetual inventory system, determine the cost of the merchandise sale for the sale of May 20 using LIFO inventory cost of method.

Assuming that the company uses the perpetual inventory system, determine the cost of the merchandise sale for the sale of May 20 using FIFO inventory cost of method.

Assuming that the company uses the perpetual inventory system, determine the ending inventory value for the month of May using the FIFO inventory cost of method.

Assuming that the company uses the perpetual inventory system, determine the gross profit for the sale of May 23 using FIFO inventory cost of method.

Assuming that the company uses the perpetual inventory system, determine the ending inventory value for the month of May using the LIFO inventory cost of method.

Assuming that the company uses the perpetual inventory system, determine the gross profit for the month of May using the LIFO inventory cost of method.