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Principles of Accountic Exercise 6-5 Ballas Co. uses a periodic inventory system. Its records show...

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Principles of Accountic Exercise 6-5 Ballas Co. uses a periodic inventory system. Its records show the following for the month of May, in which 133 units were sold FULL SCREEN PRINTER VERS Unit Units Cost Total Cost May 1 Inventory 59 $14 $826 15 Purchases 49 17 833 24 Purchases 69 18 1,242 Totals 177 $2,901 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 Cost of goods sold Click if you would like to Show Work for this question: Ocen Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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