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Exercise 8-10 Inventory information for Part 311 of Bonita Corp. discloses the following information for the month of June. 304 units@ $13 June 10 205

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Exercise 8-10 Inventory information for Part 311 of Bonita Corp. discloses the following information for the month of June. 304 units@ $13 June 10 205 units @$30 15 Sold 504 units$32 27 Sold 295 units $34 June 1 Balance Sold 11 Purchased 804 units @ $15 20 Purchased 498 units $16 Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO LIFO FIFO Cost of Goods Sold Ending Inventory value of the ending inventory at LIFO Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the The ending inventory at LIFO that the etual 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)

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