The wing table wires the evento.ch, westet Come product during Man Benetrand Purchases Date Units Cost May 1 Inventory 2.000 $20 $56.000 Purchase 1.200 32 26400 10 Sve 3.200 24 Purchase 1.600 24 38.400 Totals 5.800 $120.800 3.200 Assume that the cornant the periodic inventory system and the LIFO last in first May Investory 9. $56.100 Purchase 1.200 26.400 10 3.200 24 Purchino 1.600 24 35.400 Totals 5.600 $120,000 3.200 Assume that the company uses the periodic Inventory system and the UFO (last in first out method 1. What is the cost that should be assigned to ending inventory? 2. What is the cost of goods sold? Edit View insert Format Tools Table