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6.Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. June 1Beginning inventory15 units at $20

6.Given the following information, determine the cost of the inventory at June 30 using the LIFOperpetualinventory method.

June 1Beginning inventory15 units at $20 eachJune 15Sale of 6 units for $50 eachJune 29Purchase8 units at $25 each

The cost of the ending inventory is:

Select one:

a. $200

b. $220

c. $380

d. $275

e. $300

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