The Pharoah Shop shows the following data related to an item of inventory: Ifventory, January 1280 units 9$6.00 Purchase January 9980 units $6.50 Purchase, January 19250 units \& $7.00 Inventory, january 31280 units (a) Your answer has been saved. See score details after the due date. What value should be assigned to the ending inventory using FIFO? Value assigned to the endinginventory $ Your answer has been saved. See score detaits after the due date. What value should be assigned to the ending inventory using FIFO? Value assigned to the endingimventory (b) What value should be assigned to cost of goods sold using UIFO? Value assigned to the cost of goods sold