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Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Sunland Corp, discloses the following information for the month of June. June 1 Balance

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Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Sunland Corp, discloses the following information for the month of June. June 1 Balance 295 units$12 June 10 Sold 196 units $30 11 Purchased 799 units$15 20 Purchased 498 units$16 15 Sold 505 units$31 27 Sold 296 units$33 Y(a) 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

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