During June, the following changes in inventory item 27 took place: June 1 Balance 1,320 units $35 8 Sold 300 units @ $70 10 Sold 1,020 units @ $61 14 Purchased 840 units @ $52 24 Purchased 640 units @ $46 29 Sold 470 units @ $67 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 use