Use this information to answer the following question. 
A periodic inventory system is used; ending inventory is 151 units.
What is the value of ending inventory under FIFO?
Definitions:
Long-term Potentiation
A long-lasting enhancement in signal transmission between two neurons that results from their simultaneous stimulation, key for learning and memory.
Neural Transmission
The process by which neurons communicate with each other through electrical and chemical signals across the synapse.
Synapses
The junctions between two neurons or between a neuron and a muscle or gland, where electrical or chemical signals are transmitted.
Long-term Memories
Memories that can be stored for extended periods, from hours to a lifetime, encompassing experiences, skills, and knowledge.
Q8: All liabilities involve an obligation of one
Q21: Only investors have an interest in a
Q35: Goods totaling $56,000 purchased August 2 on
Q37: Current assets<br>A)Information should have direct bearing on
Q57: Which of the following accounts most likely
Q69: Jayne's Department Store had net retail sales
Q72: When a company makes payment for goods
Q113: Feathertouch Company sold merchandise worth $800 on
Q144: Which accounting convention describes a note to
Q193: Inventory losses are easier to identify under