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Coltron Company uses the perpetual inventory system and the LIFO method. The following information is available for the month of June: June1Beginning inventory25 units @

Coltron Company uses the perpetual inventory system and the LIFO method. The following information is available for the month of June:

June1Beginning inventory25 units @ $8

10Purchase30 units @ $10

15Sales35 units

18Purchase20 units @ $15

21Sales25 units

30Purchase30 units @ $18

Instructions to complete

Prepare schedule to show cost of goods sold and the value of the ending inventory for the month of June.

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