Question: PRINIER VERSION NL. Exercise 6-06 (Video) x Your answer is incorrect. Try again. Sunland Co. uses a periodic inventory system. Its records show the following

 PRINIER VERSION NL. Exercise 6-06 (Video) x Your answer is incorrect.

PRINIER VERSION NL. Exercise 6-06 (Video) x Your answer is incorrect. Try again. Sunland Co. uses a periodic inventory system. Its records show the following for the month of May, in which 72 units were sold. Units Unit Cost May 1 15 24 Inventory Purchases Purchases 31 26 37 $10 13 14 Total Cost $310 338 518 Totals 94 $1,166 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 Cost of goods sold Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE

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