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During June, the following changes in inventory item 27 took place: June 1 Balance 1,370 units @ $35 8 Sold 360 units @ $75 10
During June, the following changes in inventory item 27 took place: June 1 Balance 1,370 units @ $35 8 Sold 360 units @ $75 10 Sold 1,010 units @ $64 14 Purchased 880 units @ $56 24 Purchased 640 units @ $46 29 Sold 480 units @ $65 Perpetual inventories are maintained. What is the cost of the ending inventory for item 27 under the FIFO method? Cost of the ending inventory $ e Textbook and Media What is the cost of the ending inventory for item 27 under the LIFO method? Cost of the ending inventory $ e Textbook and Media
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