Question 5 Not yet answered Marked out of 1.00 p Flag question ABC Trading Company had the following transactions for the month of May. The company uses PERIODIC INVENTORY SYSTEM. Date Transaction 1-May Beginning Inventory 3-May Purchase 15-May Purchase TOTAL Units 10 15 Cost per Unit (OMR) 6.00 6.50 7.00 Total (OMR) 60.00 97.50 175.00 332.50 25 50 The company sold 35 units Required: Compute the cost of goods sold using AVERAGE METHOD periodic OMR 227.50 OMR 240.00 OMR 105.00 OMR 232.75