Question: Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Nash Corp. discloses the following information for the month of June. June 1 Balance

Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Nash Corp. discloses the following information for the month of June. June 1 Balance 301 units @ $16 June 10 Sold 198 units @ $39 11 Purchased 797 units @ $19 15 Sold 497 units @ $41 20 Purchased 498 units @ $21 Sold 301 units @ $44 (a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory ur (1) LIFO FIFO Cost of Goods Sold Ending Inventory

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