0.8372 the ending inventory at LIFO? The ending inventory at LIFO $ 8207 e Textbook and Media x Your answer is incorrect. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO? Gross Profit (FIFO) $ 15066 0.0312 Inventory information for Part 311 of Concord Corp. discloses the following information for the month of June June 1 Balance 299 unitse $11 Jane 10 Sold 197 units @ $27 11 Purchased 798 unitse $ 14 15 Sold 503 units $29 20 Purchased 502 units $15 27 Sold 305 units $31 Your answer is partially correct Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (21 FIFO (1) LIFO (2) FIFO Cost of Goods Sold $ 1906 5 14295 Ending Inventory $ B207 $ 8818