8. One hundred scarves were purchased for your department for $30 each at the beginning of the season. TWO months later, 50 more scarves were purchased for $31.50 each (due to a price increase by the vendor). At the end of the season, 12 scarves remained in inventory. (a) Calculate the value of the 12 scarves in ending inventory based on the FIFO method, and (b) then, calculate the value the 12 scarves based on the LIFO method. 9. The children's department made the following purchases: Jan. 1: 20 pants purchased at $30 each Feb. 1: 20 pants purchased at $31 each Mar. 1: 50 pants purchased at $32 each Apr. 1: 20 pants purchased at $33 each On April 30, 21 pants remained in stock. (a) What is the ending inventory value of these pants based on both LIFO? (b) What is the ending inventory value of these pants based on FIFO