please do it correctly will upvote

Concord Co. uses a periodic inventory system. Its records show the following for the month of May, in which 67 units were sold. Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. Peosta Company identifies the following items for possible inclusion in the taking of a physical inventc Indicate whether each item should be included or excluded from the inventory taking. (a) Goods shipped on consignment by Peosta to another company. (b) Goods in transit from a supplier shipped FOB destination. (c) Goods held on consignment from another company. The management of Mastronardo Corp. is considering the effects of inventory-costing methods on its financial statements and its income tax expense. Assuming that the cost the company pays for inventory is increasing, which method will