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Inventory information for Part 311 of Bramble Corp. discloses the following information for the month of June. June 1 June 10 Sold 11 Balance Purchased

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Inventory information for Part 311 of Bramble Corp. discloses the following information for the month of June. June 1 June 10 Sold 11 Balance Purchased Purchased 303 units @ $14 798 units @ $17 497 units @ $18 15 Sold Sold 201 units @ $34 498 units @ $35 299 units @ $38 20 27 (a) Your answer is incorrect. 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 $

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