Given the following data, calculate the cost of ending inventory using the FIFO costing method. 
Definitions:
Firm
A business entity involved in commercial, industrial, or professional activities, whether incorporated or not.
Machine Maintenance
The routine or periodic upkeep and repairs of machinery to ensure its optimal functioning and prevent breakdowns.
Relevant Range
The range of activity or volume over which the assumptions about cost behavior are valid.
Cost Driver
Any factor which causes a change in the cost of an activity, influencing the costs of business operations directly.
Q10: The declaration of a cash dividend:<br>A)increases liabilities
Q26: In order to detect large errors, a
Q27: Accounts payable should include only obligations directly
Q30: On January 2, 2006, KJ Corporation acquired
Q54: A maker and a payee record the
Q55: If the Current Ratio of a company
Q59: An administrative fee pertaining to an unsuccessful
Q71: Given the following data, by how much
Q76: Executory contracts seldom require a journal entry,
Q100: Barts Industries, Inc., has $30,000 in cash,