question content area boxwood company sells blankets for $36 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 6 $14 10 sale 4 17 purchase 15 15 20 sale 4 23 sale 3 30 purchase 15 16 assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of may using the lifo inventory cost method. a.$388 b.$508 c.$194 d.$268
