Inventory information for Part 311 of Blue Corp. discloses the following information for the month of June.

June 1		Balance		301 units @ $17		June 10		Sold		195 units @ $40
11		Purchased		802 units @ $20		15		Sold		496 units @ $41
20		Purchased		499 units @ $21		27		Sold		300 units @ $45

Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO.

(1) LIFO (2) FIFO

Cost of Goods Sold $ $

Ending Inventory $ $

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