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

June 1		Balance		296 units @ $13		June 10		Sold		204 units @ $31
11		Purchased		801 units @ $15		15		Sold		495 units @ $32
20		Purchased		501 units @ $17		27		Sold		296 units @ $35

1. 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

$

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2.

Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO?

Gross Profit (FIFO)___________________