FIFO and LIFO Costs Under Perpetual Inventory System

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

Beginning inventory	31 units at $44
Sale	28 units at $68
First purchase	20 units at $47
Sale	15 units at $70
Second purchase	10 units at $49
Sale	8 units at $71

The firm uses the perpetual inventory system, and there are 10 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

b. What is the total cost of the ending inventory according to LIFO? $fill in the blank 2