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Current Attempt in Progress Crane First Company just began business and made the following four inventory purchases in June: June 1 123 units $852 June
Current Attempt in Progress Crane First Company just began business and made the following four inventory purchases in June: June 1 123 units $852 June 10 164 units 1312 June 15 164 units 1378 June 28 123 units 1082 $4624 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 O $1490 O $1162 O $1720 O $1260
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