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Crane First Company just began business and made the following four inventory purchases in June: June 1 June 10 June 15 June 28 123 units
Crane First Company just began business and made the following four inventory purchases in June: June 1 June 10 June 15 June 28 123 units O $1162 O $1720 O $1490 O $1260 164 units 164 units 123 units $852 1312 1378 1082 $4624 4 A physical count of merchandise inventory on June 30 reveals that there are 174 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is 102
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