Inventory information for Part 311 of Wildhorse Corp. discloses the following information for the month of June. June 1 Balance 11 20 Purchased Purchased 301 units @ $15 797 units @ $18 497 units @ $20 June 10 15 27 Sold Sold Sold 203 units @ $37 497 units @ $38 298 units @ $41 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. FIFO Cost of Goods Sold Ending Inventory 5 s X Your answer is incorrect. 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 5 e Textbook and Media X Your answer is incorrect 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 Prohit FFO) 27765 e Textbook and Media