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QUESTION 15 Justin company just starting business made the following four inventory purchases in June June 1 150 units $ 390 June 10 200 units
QUESTION 15 Justin company just starting business made the following four inventory purchases in June June 1 150 units $ 390 June 10 200 units 598 June 15 200 units 600 June 28 150 units 510 Total cost: $2.098 A physical count of merchandise inventory on June 30 reveals that there are 200 mits on hand. Using the FIFO inventory method, the cost of the inventory for June is O a $720 b.5640 Oc5660 O d. 5540 QUESTION 16 oting S10 excl. Paches and sales during the month of Jy were as follows
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