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Inventory information for Part 311 of Crane Corp. discloses the following information for the month of June. Question 6 --12 View Policies Current Attempt in

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

Question 6 --12 View Policies Current Attempt in Progress Inventory information for Part 311 of Crane Corp.discloses the following information for the month of June. June 1 11 20 Balance Purchased Purchased 298 units@ $10 797 units @ $12 505 units @ $13 June 10 1 5 2 7 Sold Sold Sold 199 units @ $24 497 units @ $26 295 units @ $28 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 16,129 $ 11 380 Cost of Goods Sold Ending Inventory S $ 6580 6565 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 S eTextbook 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) $ eTextbook and Media

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