4 of 21 Concepts completed Multiple Choice Question Assume that three identical units are purchased separately on the following three dates and at the respective costs June 1 at $10 June 25 at 20 The company sells two units during the period. Conclude which inventory items are sold first and which unit remains in endeg inventory if the company issing the LIFO perpetual cost flow assumption O The June 2 at $15 and the July 4 at $20 are both said the June 1 at $10 remains in ending inventory O The June 1 at $10 and the Junt 2 at $15 are both sold the July 4 unit remains in ending inventory O The June 1 at $10 is sold the June 2 at $15 and the July 4 or 520 remains in sinding inventory Need help? Review these concept resources. Read About the Concept Rate your confidence to submit your answer H