The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending
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Question:
The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows:
DateTransactionNumber
of UnitsPer UnitTotalApr. 3Inventory72$225$16,2008Purchase14427038,88011Sale9675072,00030Sale6075045,000May 8Purchase12030036,00010Sale7275054,00019Sale3675027,00028Purchase12033039,600June 5Sale7279056,88016Sale9679075,84021Purchase21636077,76028Sale10879085,320
1.Determine the ending inventory cost as of June 30
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