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

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Inventory information for Part 311 of Concord Corp. discloses the following information for the month of June. June 1 Balance June 10 Sold 11 Purchased 299 units @ $11 798 units @ $14 502 units @ $15 15 Sold 197 units @ $27 503 units @ $29 305 units @ $31 20 Purchased 27 Sold 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 $ $ e Textbook and Media 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 $ e Textbook and Media 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) $ e Textbook and Media

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