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TB MC Qu. 126 (Algo) Given the following information... Given the following information, determine the cost of the inventory at June 30 using the

TB MC Qu. 126 (Algo) Given the following information... Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. June 1 June 15 Beginning inventory 32 units at $20 each Sale of 24 units for $50 each June 29 Purchase 24 units at $25 each The cost of the ending inventory is: Multiple Choice $800 $480 $600 $760 $640

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