ss Exercise 6-06 (Video) Your answer is incorrect. Try again. Swifty Co. uses a periodic inventory system. Its records show the following for the month of May, in which 71 units were sold. Units Unit Cost Total Cost May 1 15 Inventory Purchases Purchases 33 28 $12 15 24 32 $396 420 512 $1,328 16 + Totals 93 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO Ending inventory at May 31 448 Cost of goods sold 880 Click if you would like to Show Work for this question: Open Show Work dy LINK TO TEXT VIDEOS SIMILAR EXERCISE