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1. Oriole Company jus began business and made the following four inventory purchases: June 1 174 units $1044 june 10 232 units $1624 june 15
1. Oriole Company jus began business and made the following four inventory purchases:
June 1 174 units $1044
june 10 232 units $1624
june 15 232 unit $1856
june 28 174 unit 1566
total $6090
Physical count reveals 232 on June 30 on hand. using the LIFO inventiry method, the value if the ending inventory on June 30
2. Oriole Company jus began business and made the following four inventory purchases:
June 1 192 units $1152
june 10 256 units $1792
june 15 256 unit $2048
june 28 192 unit 1728
total $6720
Physical count reveals 256 on June 30 on hand. using the average cost inventiry method, the value if the ending inventory on June 30
3.Oriole Company jus began business and made the following four inventory purchases:
June 1 132 units $792
june 10 176 units $1232
june 15 176 unit $1408
june 28 132 unit 1188
total $4620
Physical count reveals 176 on July 30 on hand. using the FIFO inventiry method, the value if the ending inventory on June 30
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