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Question 3 Tamarisk, Inc. just began business and made the following four inventory purchases in June: June 1 162 units $972 June 10 216 units
Question 3 Tamarisk, Inc. just began business and made the following four inventory purchases in June: June 1 162 units $972 June 10 216 units 1512 June 15 216 units 1728 June 28 162 units 1458 $5670 A physical count of merchandise inventory on June 30 reveals that there are 216 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is $1944. $1890 $1297. $1350
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