Inventory information for Part 311 of Coronado Corp. discloses the following information for the month of June. June 1 11 20 Balance Purchased Purchased 300 units @ $14 804 units @ $16 502 units @ $18 June 10 15 27 Sold Sold Sold 203 units @ $32 496 units @ $34 298 units @ $36

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