Question: Units Unit Cost Total Cost Beginning Inventory 5 $ 10 $ 50 First Purchase 5 $ 12 $ 60 Second Purchase 5 $ 14 $

	Units	Unit Cost	Total Cost
Beginning Inventory	5	$ 10	$ 50
First Purchase	5	$ 12	$ 60
Second Purchase	5	$ 14	$ 70
Third Purchase	5	$ 15	$ 75

A business uses a periodic inventory system sold 15 units during the year. Assuming the cost of the units were based on LIFO, $10/unit, $12/unit, $14/unit and $15/unit, the total cost of ending inventory is $______?

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