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A company just starting business made the following four inventory purchases in June: June 1 130 units $390 June 10 220 units 580 June 15
A company just starting business made the following four inventory purchases in June: June 1 130 units $390 June 10 220 units 580 June 15 220 units 640 June 28 110 units 470 $2080 A physical count of merchandise inventory on June 30 reveals that there are 180 units on hand. Using the LIFO inventory met value of the ending inventory on June 30 is O $615. $1465. $1558. $522
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