Exercise 8-10 (Part Level Submission) Inventory Information for Part 311 of Skysong Corp. discloses the following information for the month of June. June 1 Balance 299 units @ $13 June 10 Sold 198 units @ $32 Purchased 804 units $16 15 Sold 495 units @ $33 20 Purchased 500 units $17 27 Sold 305 units @ $36 11 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 Ending Inventory $ Show Work is REQUIRED for this question: Open Show Work Attempts: 0 of 1 used SAVE FOR LATER SUBMIT AN (b) Your answer has been saved and sent for grading. See Gradebook for score details. 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 $ 7864 Show Work Is REQUIRED for this question: Open blank Show Work Copy Show Work from Previous attempt Attempts: 1 of 1 used (c) ZYour answer has been saved and sent for grading See Gradebook for score details Assuming that the perpetual Inventory method is used and costs are computed at the time of each drawal, what is the gross profit if the inventory is valued at FIFO? Gross Profit (FFO) $ 13,947 Show Work is REQUIRED for this question: Open blank Show Work Copy Show Work from Previous attempt Attempts 1 of 1 used