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Transactions for the month of June were: Purchases Sales June 1 (balance) 3160 @ $3.20 June 2 2360 @ $5.70 3 8890 @ 3.10 6
Transactions for the month of June were: Purchases Sales June 1 (balance) 3160 @ $3.20 June 2 2360 @ $5.70 3 8890 @ 3.10 6 6410 @ 5.70 7 4880 @ 3.30 9 3980 @ 5.70 15 7120 @ 3.40 10 1500 @ 6.00 22 1960 @ 3.50 18 5580 @ 6.00 25 800 @ 6.00 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.) O $17684. O $16951. O $17539. O $17804
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