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

June 1		Balance		299 units @ $11		June 10		Sold		204 units @ $26
11		Purchased		795 units @ $13		15		Sold		496 units @ $28
20		Purchased		502 units @ $14		27		Sold		300 units @ $30

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

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

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)