1.)Inventory information for Part 311 of Crane Corp. discloses the following information for the month of June. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO.

2.)Bramble Companys record of transactions concerning part WA6 for the month of September was as follows. Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.)

Inventory information for Part 311 of Crane Corp. discloses the following information for the month of June. June 1 Balance June 10 Sold 11 Purchased 298 units @ $10 797 units @ $12 505 units @ $13 15 Sold 199 units @ $24 497 units @ $26 295 units @ $28 20 Purchased 27 Sold (a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. (1) LIFO (2) FIFO Cost of Goods Sold $ $ Ending Inventory $ $ Bramble Company's record of transactions concerning part WA6 for the month of September was as follows. Purchases Sales September 1 (balance on hand) 300 @ $12.40 September 4 400 3 200 12.50 17 600 12 300 @ 12.65 27 300 16 300 (6) 12.70 30 200 22 500 @ 12.70 26 300 (C) 12.80 (21) Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit $