eBookShow Me How Question Content Area FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: Line Item Description Units and Cost Beginning inventory 41 units at $45 Sale 36 units at $63 First purchase 33 units at $47 Sale 30 units at $65 Second purchase 21 units at $49 Sale 12 units at $67 The firm uses the perpetual inventory system, and there are 17 units of the item on hand at the end of the year. a. What is the total cost of the ending inventory according to FIFO? fill in the blank 1 of 2$ b. What is the total cost of the ending inventory according to