Exercise 6-06 (Video) Swifty Co. uses a periodic inventory system. Its records show the following for the month of May, in which 73 units were sold. Unit Units May 1 15 24 Inventory Purchases Purchases 35 23 37 Total Cost $175 184 333 $692 Totals 95 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 s Cost of goods sold Click if you would like to Show Work for this question: Open Show Work