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4 A company had the following inventories during the year Jan 1: Beginning Inventory 100 units at $ 20 March: Purchase 500 units at $25

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4 A company had the following inventories during the year Jan 1: Beginning Inventory 100 units at $ 20 March: Purchase 500 units at $25 April: Purchase 1,000 units at $35 April 30: Sold 800 units at $70 May: Purchase 500 units at $40 June 30: Sold 1,000 units at $70 Perpetual FIFOPerp

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