Question: Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Crane 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 Crane Corp. discloses the following information for the month of June. June 1 Balance 302 units@ $15 June 10 Sold 200 units@$35 11 Purchased 796 units @ $18 20 Purchased 501 units $19 15 Sold 499 units$37 27 Sold 301 units$40 (a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO LIFO FIFO Cost of Goods Sold Ending Inventory $ Click if you would like to Show Work for this question: s Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: O of 4 used SAVE FOR LATER SUBMIT ANSWE
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