Question: Purchase Unit Cost per units Total Cost May 1 Beginning Inventory 5 0 0 $ 1 3 6 5 0 0 May 1 0 Purchase

Purchase
Unit Cost per units Total Cost
May 1 Beginning Inventory 500 $136500
May 10 Purchase 350 $14.505075
May 19 Purchase 175 $17.253018.75
May 24 Purchase 120 $182160
Total 114516753.75
Sales
Unit Selling Price
May 9 Sold 325 $35
May 17 Sold 170 $42
May 26 Sold 290 $45
Specific units sold
May 9325 units from the May 1 units on hand
May 17110 units from the May 1 unit on hand
May 1760 units from the May 10 purchase
May 26180 units from the May10 purchase
May 26110 units from the May 24 purchase
Based on the above information calculate the ending inventory and the cost of good sold under periodic inventory system by applying the three different methods.

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