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III. June 1 June 11 Junes 20 Inventory information for 379 part of Santa Ana Corp. discloses the following information for the month of June.
III. June 1 June 11 Junes 20 Inventory information for 379 part of Santa Ana Corp. discloses the following information for the month of June. Tags Balance 400 units @ $10 Purchased 900 units @ $12 1018 sibss Purchased 600 units @ $13 June 10 June 15 babilidating June 27 Sold Sold Sold 300 units @ $24 600 units @ $25 500 units @ $27 a. Assuming that the period inventory method is used, compute the cost of goods sold and ending inventory under: LIFO and FIFO
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