CENGAGE MINDTAP Test 20A QUESTION ASSETS Beginning Stock Number 254-C 700-M Inventory, January 1 24 @ $15.00 84 @ $8.00 Physical First Purchase Second Purchase Third Purchase Inventory Count, 40 @ $16.00 40 @ $7.75 50 @ $17.00 80 @ $8.25 30 @ $19.00 December 31 56 60 @ $8.40 144 Calculate the total cost of ending inventory using FIFO. Stock Number No. of Units on Hand 254-C 56 == Unit Price Cost of Ending Inventory @ $ = $ $ 700-M 144 @ $ = $ @ $ $ $ QSearch this cou