$14$

Ace Systems, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January are shown below.

On January $28,$ Ace Systems sells $18$ units of this product. The other $12$ units remain in inventory at January $31.$

Assuming that Ace Systems uses the LIFO cost flow assumption, the $12$ units of this product in inventory at January $31$ have a total cost of:

$\backslash$table$[[,\backslash$table$[[$Quantity$],[$Cost$],[$Cost$]],\backslash$table$[[$Total$],[$Cost$]]],[\backslash$table$[[$Beginning inventory $($Jan$.],[1)]],10,$$$27\mathrm{.}50,$$$275$