Exercise 6-5 x Your answer is incorrect. Try again. Xiong Co. uses a periodic inventory system. Its records show the following for the month of May, in which 172 units were sold. Units Unit Cost Total Cost May 1 Inventory 80 $12 $960 15 Purchases 66 15 990 24 Purchases 93 16 1,488 Totals 239 $3,438 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at May 31 1056 792 Cost of goods sold 2382 2646 LINK TO TEXT