Clear Clarinets has the following inventory data: 
Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a FIFO basis?
Definitions:
Gas Mileage
A measurement of how many miles a vehicle can travel on a gallon of fuel, indicating its fuel efficiency.
Hybrid Car
A vehicle that uses a combination of an internal combustion engine and one or more electric motors for propulsion, aiming to reduce fuel consumption and emissions.
Conversion Rate
A metric used in marketing to measure the percentage of users who take a desired action, such as making a purchase or signing up for a newsletter.
Recently Viewed Items
Recently viewed items refer to a digital feature that tracks and displays products a customer has looked at in the past, enhancing the online shopping experience.
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