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Exercise 8-10 Inventory information for Part 311 of Pharoah Corp. discloses the following information for the month of June. June 1 Balance 301 units $12

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Exercise 8-10 Inventory information for Part 311 of Pharoah Corp. discloses the following information for the month of June. June 1 Balance 301 units $12 June 10 Sold 200 units $28 11 Purchased 804 units $14 20 Purchased 497 units @ $15 15 Sold 504 units @ $29 304 units @ $32 27 Sold Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) 1). FIFO Cost of Goods Sold Ending Inventory s LINK TO TEXT Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory at LIFO? The ending inventory at LIFO

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