CALCULATOR FULL SCREEN PRI Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Kingbird Corp. discloses the following information for the month of June. June 1 11 20 Balance Purchased Purchased 304 units @ $17 804 units @ $21 499 units @ $22 June 10 1 5 27 Sold Sold Sold 201 units @ $41 503 units @ $43 301 units @ $46 (a) Your answer is correct. 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 21604 19889 2 Ending Inventory 11426 1 3141 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Your answer is correct. 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 12,428 Click If you would like to Show Work for this question: Open Show Work LINK TO TEXT Attempts: 2 of 10 used 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) S Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT