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 @ $37 310 units @ $75 1.170 units @ $64 850 units @ $56 640 units 530 units @ $68 @$44 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 $ 46080 Attempts: 1 of 1 used (b) What is the cost of the ending inventory for item 27 under the LIFO method? Cost of the ending inventory $ Save for Later Attempts: 0 of 1 used Submit