Using the same information as in the preceding question, what is the cost of ending inventory under the FIFO method? a. $2,418 b. $1,716 c. $1.480 d. Some other amount RATIO CALCULATIONS 6. Using the same information as in the preceding question, what is the cost of ending inventory under the FIFO method? a. $2,418 b. $1,716 c. $1.480 d. Some other amount RATIO CALCULATIONS 6. Using the same information as in the preceding question, what is the cost of ending inventory under the FIFO method? a. $2,418 b. $1,716 c. $1.480 d. Some other amount RATIO CALCULATIONS June 1 June 21 Use the following information to answer the next 3 questions Unit Number of Units Cost 400 44 $ 1,320 70 $ 2,310 130 $ 4,030 78 Beginning Inventory Purchase Purchase Available for sale Units sold Ending inventory 69 69 69 $ 30