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Question 2 1 pts Transactions for the month of June were: Purchases June 1 (balance) 3,200 @ $3.20 3 8,800 @3.10 7 4,800 @3.30 15
Question 2 1 pts Transactions for the month of June were: Purchases June 1 (balance) 3,200 @ $3.20 3 8,800 @3.10 7 4,800 @3.30 15 7,200 @ 3.40 22 2,000 @ 3.50 June 2 6 9 10 18 25 Sales 2,400 a $5.50 6,400 @ 5.50 4,000 @ 5.50 1,600 @ 6.00 5,600 @ 6.00 800 a 6.00 Transactions for the month of June were: Purchases June 1 (balance) 3,200 a $3.20 3 8,800 @3.10 7 4,800 a 3.30 15 7,200 @ 3.40 22 2,000 @ 3.50 June 2 6 9 10 18 25 Sales 2,400 a $5.50 6,400 @ 5.50 4,000 @ 5.50 1,600 @ 6.00 5,600 a 6.00 800 @6.00 Assuming that perpetual inventory records are kept, the ending inventory on a FIFO basis is 0 $17,880. $16,640. $16,440. $17,160. O None of these answer choices are correct
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