Question: exercise 6-06 (Video) x Your answer is incorrect. Try again. Concord Co. uses a periodic inventory system. Its records show ti Unit Cost Total Cost
exercise 6-06 (Video) x Your answer is incorrect. Try again. Concord Co. uses a periodic inventory system. Its records show ti Unit Cost Total Cost Units 33 24 May 1 15 24 $198 216 Inventory Purchases Purchases Totals 320 89 $734 Compute the ending inventory at May 31 and cost of goods sold usi FIFO LIFO XERXX Ending inventory at May 31 Cost of goods sold By accessing this Question Assistance, you will learn while you earn po earch Exercise 6-06 (Video) 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 33 Inventory Purchases 15 $198 216 320 24 Purchases 32 Totals Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. Ending inventory at May 31 144 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 us earch
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