Use the following data to calculate the cost of ending inventory under Average Cost method using the periodic inventory system. 15 units @ $20 20 units @ $25 25 units @ $28 30 units September 1 September 10 September 20 September 30 Beginning Inventory Purchases Purchases Ending Inventory $750 $825 $600 $675 Question 44 (2 points) Exhibit 8-1 Use the following data for the month of April 100 units @ $4 50 units 300 units@ $6 350 units 400 units @ $8 April 1 April 2 April 3 April 10 April 21 April 28 Beginning Inventory Sales Purchases Sales Purchases Sales 200 Refer to Exhibit 8-1. Assuming a perpetual inventory system is used, what is ending inventory under FIFO? $1,600 $1,200 $1,000 $800