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Transactions for the month of June were: Purchases Sales June 1 (balance) 3170 @ $3.30 June 2 2430 @ $5.50 3 8840 @ 3.20 6

Transactions for the month of June were:

Purchases Sales
June 1 (balance) 3170 @ $3.30 June 2 2430 @ $5.50
3 8840 @ 3.20 6 6420 @ 5.50
7 4840 @ 3.40 9 3980 @ 5.50
15 7300 @ 3.50 10 1700 @ 6.00
22 1900 @ 3.60 18 5560 @ 6.00
25 800 @ 6.00

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

$17548.

$16541.

$18250.

$16741.

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