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Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetua/inventory method. 16 units at $20 each June 1

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Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetua/inventory method. 16 units at $20 each June 1 June 15 June 29 Beginning inventory Sale of 8 units for $50 each Purchase 8 units at $25 each The cost of the ending inventory is: Multiple Choice $160 O $360 $320 $200 $400

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