43, A) $1,740, B) $4,056. C) $4,464 D) $1,332. 14. Using FIFO, the cost assigned A) $1,740. B) $1,332. C) $4,464, D)$4,056. to ending inventory is 15. Using LIFO, cost of goods sold is A) $4,464. B) $4,056. C) $1,740. D) $1,332. Use the following to answer questions 16-18 Market Inventory Cost CategorY I Item v Item w Item x Category II Item Y Item z $1.00 200 100 100 $1.50 3.00 4.50 3.15 3.75 3.75 4.65 3.00 300 200 method of applying the lower-of-cost-or-market rule to inventory valuation, th assigned to inventory item X for inclusion in total inventory on the balance sheet is A) $75. B) $450. C) $375. D) $325 value of inventory appearing on the balance sheet is A) $2,675. B) $2,690 C) $2,850. D) $2,945 17. With the item-by-item method of applying the lower-of-cost-or-market rule to inventory valuation