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14. A Suits Inc. uses the average cost formula in a perpetual inventory system. Jun Beginning inventory 20 units @ $19.00 per unit Jun 5

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14. A Suits Inc. uses the average cost formula in a perpetual inventory system. Jun Beginning inventory 20 units @ $19.00 per unit Jun 5 Purchase 100 units @ $22.00 per unit Jun 8 Sale 70 units Jun 9 Purchase 80 units @ 22.31 per unit Jun 10 Sale 25 units Jun 22 Sale 40 units XYZ Inc has an ending inventory on June 30 of: A. $1,370.00 B. $1,450.15 C. $1,418.56 pursehero.com/file/20343624/ACCT2240-midterm-1-version-1-1240-post-3/

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