X Your answer is incorrect. Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at May 31 $ 251 $ 275 $ 225 e Textbook and Media Save for Later Attempts: 2 of 10 used Submit Answer Sarasota Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 71 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory $9 $306 Purchase 27 10270 24 Purchase 11 429 Tota Total 100 100 $1,005 $1,005 Your answer is correct. Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ 10.05