Question: i need part B please Your answer has been saved and sent for grading. See Gradebook for score details. Assuming that the periodic inventory method
Your answer has been saved and sent for grading. See Gradebook for score details. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending Inventory under (1) LIFO and (2) FIFO. (1) (2) LIFO FIFO Cost of Goods Sold 19,915 18,008 Ending Inventory 12,638 Show Work is REQUIRED for this question: Open blank Show Work Copy Show Work from Previous attempt 10,731 $ Attempts: 1 of 1 used (b) 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 Show Work is REQUIRED for this question: Open Show Work Exercise 8-10 (Part Level Submission) Inventory information for Part 311 of Pina Corp. discloses the following information for the month of June. June 1 11 20 Balance Purchased Purchased 299 units $16 803 units O $19 505 units $21 June 10 15 27 Sold Sold Sold 196 units O $38 502 units 0 $40 297 units 0 $43 (a) Z. Your answer has been saved and sent for grading. See Gradebook for score details. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (1) LIFO (2) FIFO 19,915 $ 18,008 Cost of Goods Sold Ending Inventory 10,731 5 12,638 Show Work is REQUIRED for this questions Openbank Show Work Capy Show Work from previous attempt
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