Question: View Policies Current Attempt in Progress Inventory information for Part 311 of Tamarisk Corp. discloses the following information for the month of June. June
View Policies Current Attempt in Progress Inventory information for Part 311 of Tamarisk Corp. discloses the following information for the month of June. June 1 Balance 302 units @ $15 June 10 Sold 200 units @ $35 11 Purchased 796 units @ $18 15 Sold 499 units @ $37 20 Purchased 501 units @ $19 27 Sold 301 units @ $40 (a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. Cost of goods sold Ending inventory +A $ +A $ eTextbook and Media (1) LIFO (2) FIFO +A $ +A $
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