Question: Armed Forces Surplus began May 2 0 2 1 with 1 0 0 stoves that cost $ 1 0 each. During the month, the company

Armed Forces Surplus began May 2021 with 100 stoves that cost $10 each. During the month, the company made
the following purchases at cost:
(Click the icon to view the purchases.)
The company sold 319 stoves, and at May 31, the ending inventory consisted of 51 stoves. The sales price of each
stove was $49.
Read the requirements.
Requirement 1. Determine the cost of goods sold and ending inventory amounts for May under the average-cost,
FIFO, and LIFO costing methods. Round the average cost per unit to two decimal places, and round all other
amounts to the nearest dollar.
Data table
 Armed Forces Surplus began May 2021 with 100 stoves that cost

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