During June, the following changes in inventory item 27 took place: June 1 Balance Sold Sold Purchased Purchased Sold 10 14 24 29 1,480 units @ $37 310 units @ $75 1.170 units @ $64 850 units 640 units @ $44 530 units @ $68 $56 Perpetual inventories are maintained. (a) What is the cost of the ending inventory for item 27 under the FIFO method? Cost of the ending inventory $ Save for later Attempts: 0 of 1 used Submit