X] your answer is incorrect. Try again. Concord Co. uses a periodic inventory system. Its records show the following for the month of May, in which 67 units were sold. Units Unit Cost Total Cost May 1 33 Inventory Purchases Purchases 216 24 32 24 320 Totals $734 Compute the ending Inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. Ending inventory at May 31 240 144 Cost of goods sold By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 2 of 6 used SAVER