Question: I need help with the two incorrect answers Inventory information for Part 311 of Waterway Corp. discloses the following information for the month of June.

I need help with the two incorrect answers

I need help with the two incorrect answers Inventory information for Part

Inventory information for Part 311 of Waterway Corp. discloses the following information for the month of June. 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. eTextbook and Media 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 $ Your answer is incorrect. 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

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