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Inventory information for Part 311 of Windsor Corp. discloses the following information for the month of June. June 1 Balance 295 units @ $12 June

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Inventory information for Part 311 of Windsor Corp. discloses the following information for the month of June. June 1 Balance 295 units @ $12 June 10 Sold 196 units @ $30 1 11 20 Purchased Purchased 799 units @ $15 498 units @ $16 5 27 Sold Sold 505 units @ $31 296 units @ $33 Your answer is incorrect. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. (2) FIFO LIFO Cost of Goods Sold $ Ending Inventory $ e Textbook and Media

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