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Inventory information for Part 311 of Bramble Corp. discloses the following information for the month of June June Balae 299 units $11 June 10 Sold
Inventory information for Part 311 of Bramble Corp. discloses the following information for the month of June June Balae 299 units $11 June 10 Sold 197 units $27 15 Sold 503 units @ $29 27 Sold 305 units@ $31 11 Purchased 798 units $14 20 Purchased 502 units $15 (a) Your answer is incorrect. Try again 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 8818 14277 Ending Inventory 9758 4425
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