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Transactions for the month of June were: Purchases Sales June 1 (balance) 3290 @ $3.10 June 2 2460 @ $5.70 3 8740 @ 3.00 6

Transactions for the month of June were:

Purchases Sales
June 1 (balance) 3290 @ $3.10 June 2 2460 @ $5.70
3 8740 @ 3.00 6 6490 @ 5.70
7 4830 @ 3.20 9 4080 @ 5.70
15 7260 @ 3.30 10 1680 @ 7.00
22 2020 @ 3.40 18 5610 @ 7.00
25 830 @ 7.00

Assuming that perpetual inventory records are kept in units only, the ending inventory on an average-cost basis, rounded to the nearest dollar, is (Round average cost per unit to 2 decimal places, e.g. 1.48.)

$15223.

$16024.

$16144.

$15768.

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