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The following is a record of Metlock Company's transactions for the month of May 2017 May 1 Balance 420 units @ $19 May 10 Sale

The following is a record of Metlock Company's transactions for the month of May 2017 May 1 Balance 420 units @ $19 May 10 Sale 320 units @ $37 12 Purchase 660 units @ $25 20 Sale 620 units @ $37 Compute the ending inventory under the perpetual system using FIFO and LIFO. FIFO LIFO Ending inventory

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