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Business, 06.12.2021 04:50 sakugrey

During June, the following changes in inventory item 27 took place: June 1 Balance 1,380 units $37
8 Sold 320 units $70
10 Sold 1,060 units $60
14 Purchased 880 units $54
24 Purchased 620 units $45
29 Sold 480 units $65

Perpetual inventories are maintained.
A) What is the cost of the ending inventory for item 27 under the First in first out method?
Cost of the ending inventory: $
B) What is the cost of the ending inventory for item 27 under the Last in first out method?
Cost of the ending inventory: $

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During June, the following changes in inventory item 27 took place: June 1 Balance 1,380 units $37...

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