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During June, the following changes in inventory item 27 took place: June 1 Balance 1,330 units $36 8 Sold 310 units @ $73 10 Sold
During June, the following changes in inventory item 27 took place: June 1 Balance 1,330 units $36 8 Sold 310 units @ $73 10 Sold 1,020 units @ $61 14 Purchased 860 units $55 24 Purchased 600 units $45 29 Sold 500 units @ $67 Perpetual inventories are maintained. What is the cost of the ending inventory for item 27 under the FIFO method? Cost of the ending inventory ta What is the cost of the ending inventory for item 27 under the LIFO method? Cost of the ending inventory $
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