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Inventory information for Part 311 of Monique Aaron Corp. discloses the following information for the month of June. June 1 Balance 299 units @ $14

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

June 1 Balance 299 units @ $14 June 10 Sold 203 units @ $34
June 11 Purchased 801 units @ $17 June 15 Sold 495 units @ $35
June 20 Purchased 496 units @ $18 June 27 Sold 296 units @ $38

(A) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO.

Cost of Goods Sold:

LIFO:

FIFO:

Ending Inventory:

LIFO:

FIFO:

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