Given the following data,calculate the cost of ending inventory using the FIFO costing method: 
Definitions:
Initiating Structure
Initiating structure refers to the extent to which a leader defines and structures their role and the roles of subordinates in the pursuit of goal attainment, including the establishment of clear patterns of organization, communication, and ways of getting tasks done.
Effective Leaders
Individuals who possess the ability to influence, motivate, and enable others to contribute toward organizational success.
Self Competency
Refers to the awareness and assessment of one's own skills, abilities, and capacities.
Colin Powell
An American military leader and statesman who served as the 65th United States Secretary of State from 2001 to 2005 and as Chairman of the Joint Chiefs of Staff.
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