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Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Pina Corp. discloses the following information for the month of June. June 1 11
Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Pina Corp. discloses the following information for the month of June. June 1 11 20 Balance Purchased Purchased 299 units @ $16 803 units $19 505 units $21 June 10 15 27 Sold Sold Sold 196 units @ $38 502 units @ $40 297 units @ $43 (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) (2) LIFO FIFO Cost of Goods Sold Ending Inventory Show Work is REQUIRED for this question: Open Show Work Attempts: 0 of 1 used (b)
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