Pronghorn Corp uses a periodic inventory system. Its records show the following for the month of May, in which 78 units were sold.
Date Explanation Units Unit Cost Total Cost
May 1 Inventory 35 $8 $280
15 Purchase 25 9 225
24 Purchase 40 10 400
Total 100 $905
Required:
1. Calculate the weighted average unit cost. (Round answer to 3 decimal places, eg. 5.125.)
2. Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e. g. 125.)

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively