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View Policies Current Attempt in Progress Sarasota Corp. uses a periodic inventory system. Its records show the following for the month of May, in which

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View Policies Current Attempt in Progress Sarasota Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 71 units were sold. Date May 1 15 24 Explanation Inventory Purchase Purchase Total Units 34 27 39 100 Unit Cost $9 10 11 Total Cost $306 270 429 $1,005 (a) Calculate the weighted average unit cost. (Round answer to 3 decimal places, eg. 5.125.) $ Weighted average unit cost eTextbook and Media Attempts:0 of 5 used Submit Answer Save for Later -0.01 Question Part Score (b) The parts of this question must be completed in order. This part will be available when you complete the part above Calculate the ending Inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to o decimal places, e.g. 12 FIFO LIFO AVERAGE-COST The ending inventory at May 31 3 Show transcribed image text

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