The following is a record of Oriole Company's transactions for Boston Teapots for the month of May 2025. May 1 Balance 480 units @ $19.00 May 10 Sale 360 units @ $38.00 12 Purchase 720 units @ $25.00 20 Sale 648 units @ $38.00 28 Purchase 480 units @ $31.00 (a) Assuming that perpetual inventories are not maintained and that a physical count at the end of the month shows 672 units on hand, what is the cost of the ending inventory using (1) FIFO and (2) LIFO? (b) Ending inventory eTextbook and Media Save for Later (1) FIFO $ (2) LIFO Attempts: 0 of 3 used Submit Answer