Lily Co use a periodic inventory system. It's records show the following for the month of May, in which 71 units were sold. May,1) 36,9,324. May,15) 23,12,276. May,24) 34,13,442. Compute the ending inventory are may 31 and the cost of goods using the FIFO and LIFO methods.

Lily Co use a periodic inventory system Its records show the following for the month of May in which 71 units were sold May1 369324 May15 2312276 May24 3413442 class=


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