Zambian Co. uses a periodic inventory system. Its records show the following for the month of May, in which 75 units were sold.

Units Unit Cost Total Cost May 1 Inventory 36 $6 $216 15 Purchases 29 9 261 24 Purchases 32 10 320 Totals 97 $797 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. FIFO Ending inventory at May 31 $ Cost of goods sold $ eTextbook and Media LIFO lay, in wh Its were sold. Assistance Used