CALCULATON Exercise 6-06 (Video) X Your answer is incorrect. Try again. Concord Co. uses a periodic inventory system. Its records show the following for the month of May, in which 67 units were sold. Unit Cost Units Total Cost May 1 Inventory 33 $6 $198 15 Purchases 24 9 216 24 Purchases 32 dv 10 320 Totals 89 $734 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO Ending inventory at May 31 Cost of goods sold By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 2 of 6 used SAVE FOR LATEn Earn Maximum points available only if vou here to search