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FIFO and LIFO costs under perpetual inventory system The following units of an item were...

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Accounting

FIFO and LIFO costs under perpetual inventory system
The following units of an item were available for sale during the year:
Beginning inventory
34 units at $45
Sale
23 units at $68
First purchase
21 units at $46
Sale
18 units at $69
Second purchase
23 units at $48
Sale
22 units at $69
The firm uses the perpetual inventory system, and there are 15 units of the item on hand at the end of the year.
a. What is the total cost of the ending inventory according to FIFO?
$
b. What is the total cost of the ending inventory according to LIFO?
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