Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. Assuming that the perpetual imentorymethod is used and costs are computed at the time of each withdrawal, what is the value of the ending imventory at LIFO? The ending inventory at LIFO Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. Assuming that the perpetual imentorymethod is used and costs are computed at the time of each withdrawal, what is the value of the ending imventory at LIFO? The ending inventory at LIFO