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The following data relate to a single inventory item for Rodeo Corporation: Cost per Unit 56 SS Vic 2 Mu Date June 1 June 3

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The following data relate to a single inventory item for Rodeo Corporation: Cost per Unit 56 SS Vic 2 Mu Date June 1 June 3 June 15 June 18 June 25 Beginning Inventary Purchase Sale Purchase Sale Units 110 30 (40) 50 (20) $4 Qu Mule Using a perpetual inventory system and FIFO cost formula, the ending inventory is Qui ME Que Mult $520 O $550 $650 $760 Que More

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