During June, the following changes in inventory itern 27 took place: 1,400 units@$36 B00 units@$54 700 units@$45 400 units@$75 1,000 units @$60 500 units@$66 June 1 Balance 14 Purchased 24 Purchased 8 Sold 10 Sold 29 Sold Perpetual inventories are maintained. (a) Your answer has been saved. See score details after the due date. What is the cost of the ending inventory for item 27 under the FIFO method? Cost of the ending inventory $ 47,700 eTextbook and Media (b) What is the cost of the ending inventory for item 27 under the LIFO method? Cost of the ending inventory $ Current Attempt in Progress Determine the unit value that should be used for inventory costing following "lower of cost or market value" as described in ARB No.43. E C A $2.44 $2.35 $2.54 $2.44 $2.47 $2.35 Cost 2.46 2.37 2.20 2.52 2.55 Replacement cost 2.20 2.50 2.50 2.45 2.50 Net realizable value 2.50 2.50 2.30 2.30 2.30 2.40 Net realizable value less normal profit 2.25 2.30 Case A Case B $ Case C $ Case D $ Case E $ Case F $