Inventory information for Part 311 of Vaughn Corp. discloses the following information for the month of June. June 1 June 10 Sold 11 Balance 450 units @ $ 1 Purchased 1.200 units @ $2 Purchased 760 units @ $3 15 Sold 310 units @ $ 2.40 750 units @ $ 2.50 440 units @ $ 2.70 20 27 Sold (a) Your answer is partially correct. 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 2550 Ending Inventory $ $