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Cullumber Company just began business and made the following four inventory purchases in June: June 1 159 units $954 1484 June 10 June 15 June
Cullumber Company just began business and made the following four inventory purchases in June: June 1 159 units $954 1484 June 10 June 15 June 28 212 units $1273. $1855. $1908. O $1325. 212 units 159 units 1696 1431 $5565 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 212 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is
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