Question: Please correct all answers marked as incorrect. Exercise 8-10 Inventory information for Part 311 of Marigold Corp. discloses the following information for the month of


Please correct all answers marked as incorrect.
Exercise 8-10 Inventory information for Part 311 of Marigold Corp. discloses the following information for the month of June. June 1 Balance 302 units $15 June 10 Sold 197 units a $36 11 Purchased 795 units $18 15 Sold 499 units $38 20 Purchased 499 units $20 27 sold 296 units $41 DZ Your answer is partially correct. Try again. 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 18854 16950 Ending Inventory 9966 11082 LINK TO TEXT x Your answer is incorrect. Try again 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 9370
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