WD1 6-5

Culver Corporation uses a periodic inventory system. Its records show the following for the month of May, in which 76 units were sold Date Explanation Units Unit Cost May 1 15 24 Inventory Purchase Purchase Total $9 $270 270 407 $947 10 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, eg. 5.125.,) Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125. FIFO LIFO AVERAGE-COST