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Using FIFO. Sold 35 units on May 20 and sold 54 units on May 28. (HINT: Use two rows to show your cost of goods

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Using FIFO. Sold 35 units on May 20 and sold 54 units on May 28. (HINT: Use two rows to show your cost of goods sold calculation in layers) Sold 35 units on May 20 and sold 54 units on May 28. (HINT: Use two rows to show your cost of goods sold in layers) May 1 Beginning Inventory 30$11$330 May 155013650 May 20 $ $ May 23 4114574 22 of 24 /15 3030$1111$330330 Using FIFO. Sold 35 units on May 20 and sold 54 units on May 28. (HINT: Use two rows to showyour cost of goods sold calculation in layers) May 20 $ May 23 41 14 574 May 28 121 $1,554 89

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