Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Metlock Corp. discloses the following information for the month of June. June 1 Balance June 10 Sold 11 Purchased 304 units @ $13 804 units @ $15 498 units @ $16 15 Sold 205 units @ $30 504 units @ $32 295 units @ $34 20 Purchased 27 Sold (a) x Your answer is incorrect. Try again. 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 X Cost of Goods Sold 15543 Ending Inventory