FIFO and LIFO Costs Under Perpetual Inventory System

The following units of an item were available for sale during the year:FIFO and LIFO Costs Under Perpetual Inventpry System

The following units of an item were available for sale during the year:

The firm uses the perpetual inventory system, and there are $23$ 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?

$

b$.$ What is the total cost of the ending inventory according to LIFO?

$