1.

Swifty Corporation uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows:

		Units		Per unit price		Total
Balance, 1/1/2017		230		$ 4.00		$ 920
Purchase, 1/15/2017		110		.. 4.00		440
Purchase, 1/28/2017		110		.. 4.20		462

An end of the month (1/31/2017) inventory showed that 180 units were on hand. How many units did the company sell during January 2017?

2.Oriole Company just began business and made the following four inventory purchases in June:

June 1		220 units		$ 1574
June 10		270 units		2160
June 15		270 units		2322
June 28		220 units		1980
				$ 8036

A physical count of merchandise inventory on June 30 reveals that there are 280 units on hand. Using the average cost method, the amount allocated to the ending inventory (rounded to whole dollar) on June 30 is

3.

Blue Spruce Corp. just began business and made the following four inventory purchases in June:

June 1		110 units		$ 715
June 10		160 units		1136
June 15		160 units		1232
June 28		110 units		891
				$ 3974

A physical count of merchandise inventory on June 30 reveals that there are 170 units on hand. Using the LIFO inventory method, the value of the ending inventory (rounded to whole dollar) on June 30 is