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please help and explain if possible. Question 3 of 10 Inventory information for Part 311 of Coronado Corp. discloses the following information for the month
please help and explain if possible.
Question 3 of 10 Inventory information for Part 311 of Coronado Corp. discloses the following information for the month of June. June Sold Balance Purchased Purchased June 1 11 20 300 units @ $14 804 units @ $16 502 units @ $18 Sold 15 203 units @ $32 496 units @ $34 298 units @ $36 27 Sold W 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 InventoryStep by Step Solution
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