Exercise 6-6 /Your answer is partially correct. Try again Sunland Company uses a periodic inventory system. Its records show the following for the month of May, in which 104 units were sold Unit Units Cost $14 17 18 Total Cost May1 Inventory 48 15 Purchases 40 24 Purchases 56 144 $672 680 1,008 $2,360 Totals Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods FIFO LIFO Ending inventory at May 31 720 10080 Cost of goods sold 655.2 655.2