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Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Crane Corp. discloses the following information for the month of June. Balance Purchased Purchased
Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Crane Corp. discloses the following information for the month of June. Balance Purchased Purchased 302 units @ $15 796 units@ $18 501 units@ $19 June 10 15 27 Sold Sold Sold 200 units @ $35 499 units@$37 301 units@ $40 June 1 11 20 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 s Ending Inventory Click if you would like to Show Work for this question: Open Show Work
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