The following information is for the inventory of mini-kettles at Bridgeport Company Limited for the month of May: Assuming that the periodic inventory method is used, calculate the inventory cost at May 31 under FIFO. Ending inventory $ 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 0 decimal places, e.g. 5,275.) Ending inventory $ Which method will yield the higher current ratio or gross profit? will yield the highest ending inventory gives a higher gross profit