Inventory information for Part 311 of Bramble Corp. discloses the following information for the month of June. June 1 (a) 11 20 Balance Purchased Purchased Cost of goods sold Ending inventory LA $ $ tA 303 units @ $14 798 units@ $17 497 units@ $18 June 10 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 15 27 $ Sold $ Sold Sold 201 units @ $34 498 units @ $35 299 units @ $38 (2) FIFO

Inventory information for Part 311 of Bramble Corp. discloses the following information for the month of June. (a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO