Exercise 8-14 The following is a record of Cullumber Company's transactions for Boston Teapots for the month of May 2017 May 1 B 452 units $19 May 10 Sale 339 units$41 12 Purchase 678 units $26 20 Sale 610 units $41 28 Purchase 452 units$28 Assuming that perpetual inventories are not maintained and that a physical count at the end of the month shows 633 units on hand, what is the cost of the ending inventory using (1) FIFO and (2) LIFO? 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: Open Show Work