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Description Units Price / Unit Total Price June 1 Beginning Inventory 1 0 $ 3 $ 3 0 June 2 Purchase 3 0 $ 4

Description Units Price/Unit Total Price
June 1 Beginning Inventory 10 $3 $30
June 2 Purchase 30 $4 $120
June 10 Purchase 40 $6 $240
June 12 Sale 60 $20 $1,200
June 17 Purchase 70 $7 $490
June 21 Purchase 50 $10 $500
June 29 Sale 80 $22 $1,760
Additional Information: The ending inventory consists of 15 units purchased on 6/2,25 units purchased on 6/10, and the remaining units were purchased on 6/21.
Find the following under the Specific Identification Method:
(1) Ending Inventory at June 30th
(2) Cost of Goods Sold for the month of June
(3) Gross Profit for the month of June

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