Question 19 Inventory information for Part 311 of Concord Corp. discloses the following information for the month of June. June 1 11 20 Balance Purchased Purchased 299 units @ $11 798 units @ $14 502 units @ $15 June 10 15 27 Sold Sold Sold 197 units @ $27 503 units @ $29 305 units @ $31 Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. (1) ITEO (2) FIFO Cost of Goods Soldal Ending Inventory 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 $ 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 Profit (FIFO) & Click if you would like to Show Work for this question: Open Show Work