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Susie Co. uses a perpetual inventory system and had the following inventory transactions for the month of June. June 1 On hand, 50 units at
Susie Co. uses a perpetual inventory system and had the following inventory transactions for the month of June. June 1 On hand, 50 units at $18.00 each $ 900.00 4 Purchased 115 units at $18.20 each 2,093.00 10 Purchased 75 units at $18.25 each 1,368.75 Total cost of goods available for sale $4,361.75 30 On hand, 100 units Refer to the information provided for Susie Co. If the company uses the Average Cost inventory costing method, ending inventory at June 30th is:
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