The following units of an item were available for sale during the year: Beginning inventory...
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Accounting
The following units of an item were available for sale during the year: Beginning inventory 8,100 units at $180 Sale 4,900 units at $290 First purchase 14,600 units at $183 Sale 13,000 units at $290 Second purchase 15,100 units at $191 Sale 13,500 units at $290 The firm uses the perpetual inventory system, and there are 6,400 units of the item on hand at the end of the year. What is the total cost of the ending inventory according to FIFO? Round your answer to the nearest dollar. What is the total cost of the ending inventory according to LIFO? Round your answer to the nearest dollar
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