Hanlin Company uses the periodic inventory system to account for inventories. Information related to Hanlin Company's inventory at January 31 is given below: January 1 8 Beginning inventory Purchase Purchase Purchase Total units and cost 16 24 400 units @ 800 units @ 600 units @ 200 units 2.000 units $12.00 $12.40 $12.80 $13.20 = $4,800. 9.920 7,680 2,640 $25,040 (a) Value the ending inventory using the FIFO cost assumption if 600 units remain on hand at January 31. Ending Inventory Save for Later Attempts: 0 of 1 used Submit Answer undinn Da Cearn A a 0 (a) Value the ending inventory using the FIFO cost assumption if 600 units remain on hand at January 31. Ending Inventory $ Save for Later Attempts: 0 of 1 used Submit Answe Question Part Score (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score