The following information is for the inventory of mini-kettles at Marigold Company Limited for the month of May: Units Units In Transaction Unit Cost Unit Price Date Total Sold Total May 1 Balance 100 $4.40 $440 6 Purchase 850 4.20 3,570 7 Sale 350 $7.40 $2,590 10 Sale 350 7.40 2,590 12 Purchase 410 4.80 1,968 15 Sale 250 7.60 1,900 18 Purchase 350 4.80 1.680 22 Sale 410 8.00 3,280 25 Purchase 550 4.40 2,420 30 Sale 250 7.60 1,900 Totals 2,260 $10,078 1,610 $12,260 Part 1 Assuming that the periodic inventory method is used, calculate the inventory cost at May 31 under FIFO. $ Ending inventory e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Part 2 Assuming that the periodic inventory method is used, calculate the inventory cost at May 31 under weighted average. (Round weighted average unit cost to 2 decimal places, e.g. 52.75 and final answer to decimal places, e.g. 5,275.) $ Ending inventory eTextbook and Media Save for Later Attempts: 0 of 3 used Submit