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table [ [ June 1 , Beginning inventory, 3 0 units @ $ 3 = $ 9 0 , ] , [ June 6

\table[[June 1,Beginning inventory,30 units @ $3=$90,],[June 6,Purchase,70 units @$4=$280,],[June 11,Purchase,45 units $$5=$225,100 units sold],[June 12,Sales,50 units @$6=$300,60 units sold],[June 16,Purchase,,]]
Determine the cost of ending inventory and the cost of goods sold for June using the LIFO method.
\table[[Periodic LIFO],[,Cost of Goods Available for Sale,Cost Goods Sold,Ending Inventory],[,\table[[Number],[of units]],\table[[Cost per],[unit]],\table[[Cost of Goods],[Available for],[Sale]],\table[[Number],[of units],[sold]],\table[[Cost per],[unit]],\table[[Cost of],[Goods Sold]],\table[[Number of],[units in],[ending],[inventory]],\table[[Cost],[per unit]],\table[[Ending],[Inventory]]],[June 1,30,3.00,90,,,,,,],[Purchases:],[June 6,70,4.00,280,,,,,,],[June 11,45,5.00,225,,,,,,],[June 16,50,6.00,300,,,,,,],[Total,195,,895,0,,$,0,,$
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