6. Inventory information for Part 311 of Bonds Corp. discloses the following information for the month of June. Instructions (a) Assuming that the poriodic inventory method is used, compute the coet of gaods wold and ending inventory under (1) LiFO and (2) FIO (b) Assuming that the perpetual inventory method tised and costs are computed ot the time of each withdrawal, what is the value of the ending inventory at lifo? (d) Why is it stated that FiFO usually produces a higher gross profit than LFO