Lisa Company uses the periodic inventory system to account for inventories. Information related to Lisa Company's inventory at January 31 is given below: January 1 Beginning inventory 400 units x $10.40 - 8 Purchase 780 units x $12.70 16 Purchase 605 units x $13.00 - 24 Purchase 205 units x $13.40 - Total units and cost 1,990 units $4,160 9.906 7.865 2.747 $24,678 (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 Question Part Score --/13.33