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How do you calculate fifo cogs and ending inventory

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Question

Inventory information for Part 311 of Sunland Corp. discloses the following information for the month of June.

June 1 Balance 303 units @ $14 June 10 Sold 203 units @ $33

11 Purchased 796 units @ $17 15 Sold 499 units @ $35

20 Purchased 503 units @ $18 27 Sold 303 units @ $37

Assuming that the periodic inventory method is used how do you calculate FIFO COGS and ending inventory and, LIFO COGS and ending inventory?

Inventory information for Part 311 of Sunland Corp. discloses the following information for the month of June.

Perpetual inventory method: Ending inventory of LIFO?

Reference no: EM132405163

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