During June, the following changes in inventory item 27 took place: June 1 8 10...
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During June, the following changes in inventory item 27 took place: June 1 8 10 14 Balance Sold Sold Purchased Purchased Sold 1,480 units @ $34 330 units @ $72 1,150 units @ $63 880 units @ $52 620 units @ $46 550 units @ $66 24 29 Perpetual inventories are maintained. (a) Your answer has been saved. See score details after the due date. What is the cost of the ending inventory for item 27 under the FIFO method? Cost of the ending inventory $ $ 45,680 (b) What is the cost of the ending inventory for item 27 under the LIFO method? Cost of the ending inventory $
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