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Wildhorse Inc. uses a periodic inventory system. Its records show the following for the month of May, in 68 units were sold. Date May 1

Wildhorse Inc. uses a periodic inventory system. Its records show the following for the month of May, in 68 units were sold. Date May 1 15 24 Explanation Units Unit Cost Inventory $9 Purchase Purchase Total 31 23 38 92 11 13 Total Cost $279 253 494 $1,026 alculate the ending inventory at May 31 using the (a) FIFO, (b) LIFO, and (c) average-cost methods. (Ro verage unit cost to 2 decimal places, e.g. 2.51 and final answers to 0 decimal places, e.g. 125.)
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Nildhorse Inc. uses a periodic inventory system. Its records show the following for the month of May, in 88 units were sold. alculate the ending inventory at May 31 using the (a) FIFO, (b) LIFO, and (c) average-cost methods. (Ro erage unit cost to 2 decimal places, e.g. 2.51 and final answers to 0 decimal places, e.g. 125.)

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