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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