Exercise 6-5 Ballas Co. uses a periodic inventory system. Its records show the following for the month of May, in which 148 units were sold Units Unit Cost Total Cost May 1 Inventory 65 15 Purchases 55 24 Purchases 76 196 $9 12 13 $585 660 988 Totals $2,233 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 SAVE FOR LAS Question Attempts: o of I used