Exercise 8-14 The following is a record of Blue Company's transactions for Boston Teapots for the month of May 2017 May 1 Balance 440 units$19 May 10 Sale 330 units$41 12 Purchase 660 units$2520 Sale 594 units $41 28 Purchase 440 units$28 Assuming that perpetual inventories are not maintained and that a physical count at the end of the month shows 616 units on hand, what is the cost of the ending inventory using (1) FIFO and (2) LIFO? the ending inventory uci an ug mt FIFO LIFO Ending Inventory Assuming that perpetual records are maintained and they tie into the general ledger, calculate the ending inventory using (1) FIFO and (2) LIFO. FIFO LIFO Ending Inventory Click if you would like to Show Work for this question: Deen Shaw Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor