ABC Trading Company had the following transactions for the month of May. The company uses PERIODIC INVENTORY SYSTEM. Units 10 Date Transaction 1-May Beginning Inventory 3-May Purchase 15-May Purchase TOTAL 15 25 50 Cost per Unit (OMR) Total (OMR) 6.00 60.00 6.50 97.50 7.00 175.00 332.50 The company sold 35 units Required: Compute the cost of ending inventory using AVERAGE METHOD periodic OMR 227.50 OMR 105.00 OMR 92.50 OMR 99.75