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Gordon Company has the following data available: Units Unit Units PurchasedCost Transaction Beginning Inweritory April 1 Purchase May 20 Sale June 20 Purhase August 8

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Gordon Company has the following data available: Units Unit Units PurchasedCost Transaction Beginning Inweritory April 1 Purchase May 20 Sale June 20 Purhase August 8 Sale October14 Purchase Sold 3C0 200 $12 350 300 50 250 S15 December 6 Sale 4G0 If Gordon Company uses a perpetual FO inventory system, the value of ending iwentory on the December 31 balance sheet is T50 B. TLH 1,500

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