Transactions for the month of June were:

Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is

$15010.

$16990.

$14810.

$16245.

Transactions for the month of June were: June 1 June 2 Purchases (balance) 3100 @ $3.00 8700 @ 2.90 4700 @ 3.10 7100 @ 3.20 1900 @ 3.30 9 10 18 25 Sales 2300 @ $5.30 6300 @ 5.30 3900 @ 5.30 1500 @ 5.00 5500 @ 5.00 750 @ 5.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is $15010. $16990. $14810. $16245