During June, the following changes in inventory item 27 took place: June 1 Balance 1,400 units@24 14 Purchased 900 units@36 24 Purchased 700 units@E30 8 Sold 400 units@E50 1,000 units@E40 500 units@E44 10 Sold 29 Sald Perpetual inventories are maintained in units only Instructions What is the cost of the ending inventory for item 27 under the following methods? (Show calculations.) (a) FIFO (b) Average Cost