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Sandhill First Company just began business and made the following four inventory purchases in June: June 1 180 units $ 1232 June 10 240 units
Sandhill First Company just began business and made the following four inventory purchases in June:
June 1 180 units $ 1232 June 10 240 units 1920 June 15 240 units 2024 June 28 180 units 1576 $ 6752
A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is $1656 $2480 $2136 $1792
Sandh First Company just began business and made the following for inventory purchase ore e 1 5 1232 180 units 240 units June 10 1920 June 15 240 units 2024 June 28 100 units 1576 $6752 A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the UFO inventory method, the value of the ending inventory on June 30 O $1656 $2480 52136 $1792
Sandhill First Company just began business and made the following four inventory purchases in June:
A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is
| June 1 | 180 units | $ 1232 | ||
| June 10 | 240 units | 1920 | ||
| June 15 | 240 units | 2024 | ||
| June 28 | 180 units | 1576 | ||
| $ 6752 |
$1656
$2480
$2136
$1792
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