Using the following information what in th. ... ? Your Answer: Answer Question 9 (5 points) The following units of an inventory item wera awsilint h for sale during the year: The value of ending inventory using FIFO is The following units of an inventory item were available for sale during the year: The firm uses the periodic inventory system. During the year, 63 units of the item were sold. The value of ending inventory using LIFO is Your Answer: Answer Question 11 (5 points) The following units of an inventory item were available for sale during the year: During the year, 64 units of the item were sold. The value of ending inventory rounded to nearest dollar using average cost is