Perpetual Method Ending water PFO Bal LIFO Bal Write-Up Problem #2 for Test 2015 points total) Come cool and Ending Inventory hence using the Perpetual Method and ach of the following cost few sumption FO ALIFO: The dheld bore will be grade FIFO LIFO Unita Unit Price Total Cost 1-Jun Beg Inventory 300 5 TOT003 3,000 4 Jun Purchases 450 $ 12.00 $ 5.400 B-Jun Sales 500 14-Jun Purchases 250 $ 14.00 $ 3,500 15-Jun Purchases 250 $ 15.00 $ 3,750 23-Jun Sales 600 30-Jun Purchases 225 $ 16.00 $ 3,600 Total Inven avail. For sale 1,475 $ 19,250 EOP (End of Period) inventory 375 $ COGS (Cost of Goods Sold) 1,100 B. Compute COGS and Ending Inventory balances using the Periodic Method and each of the following coat flow assumptions (FIFO, LIFO & Wid Average): (The 6 bold boxes below will be graded) Periodie Method: FIFO LIFO Units Unit Price Total Cost FIForsal 1-Jun Beg Inventory 300$ 10.00 $ 3.000 4-Jun Purchases 450 $ 12.00 $ 5,400 14-Jun Purchases 250 $ 14.00 $ 3,500 15-Jun Purchases 250 $ 15.00 $ 3,750 30-Jun Purchases 225 $ 16.00 $ 3,600 Ending Inventory UFO Bal Wtd Avg bal Total Inven avail. For sale EOP (End of Period) inventory COGS (Cost of Goods Sold) 1,475 375 1.100 19,250 s $