During June, the following changes in inventory item 27 took place: June 1 8 10 Balance Sold Sold Purchased Purchased Sold 1,430 units @ $34 320 units @ $70 1,110 units @ $64 850 units @$56 660 units @ $44 450 units @ $65 14 24 29 Perpetual inventories are maintained. (a) Your answer is incorrect. What is the cost of the ending inventory for item 27 under the FIFO method? Cost of the ending inventory $ eTextbook and Media Attempts: 2 of 3 used Submit Answer Save for Later Last saved 4 minutes ago. Using multiple attempts will impact your score. 5% score reduction after attempt 2