< LakeAssignmentSessionLocator=&in ASARCO Job Oppor... ASARCO Self-Servic... ASARCO SharePoint Aetna Dental Asarco 2 eBook Show Me How FIFO and LIFO Costs Under Perpetual Inventory System The following units of an item were available for sale during the year: Beginning inventory 22 units at $49 Sale 18 units at $71 First purchase 21 units at $50 Sale 16 units at $72 Second purchase 21 units at $52 13 units at $73 Sale The firm uses the perpetual inventory system, and there are 17 units of the item on hand at the end a. What is the total cost of the ending inventory according to FIFO? 884 b. What is the total cost of the ending inventory according to LIFO? 864 X