The beginning inventory of merchandise at Rhodes Co. and data on purchases and sales for a three-month period ending June 30 are as follows:

Date Transaction Number of Units Per Unit Total

Apr. 3 Inventory 72 $450 $32,400

8 Purchase 144 540 77,760

11 Sale 96 1,500 144,000

30 Sale 60 1,500 90,000

May 8 Purchase 120 600 72,000

10 Sale 72 1,500 108,000

19 Sale 36 1,500 54,000

28 Purchase 120 660 79,200

June 5 Sale 72 1,575 113,400

16 Sale 96 1,575 151,200

21 Purchase 216 720 155,520

28 Sale 108 1,575 170,100

3. Determine the ending inventory cost on June 30