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Transactions for the month of June were: Purchases Sales June 1 (balance) 3130 @ $3.10 June 2 2330 @ $5.70 3 8820 @ 3.00
Transactions for the month of June were: Purchases Sales June 1 (balance) 3130 @ $3.10 June 2 2330 @ $5.70 3 8820 @ 3.00 6 6410 @ 5.70 7 4850 @ 3.20 9 4030 @ 5.70 B 12 15 7210 @ 3.30 10 1520 @ 6.00 22 2020 @ 3.40 18 5590 @ 6.00 25 830 @ 6.00 Assuming that periodic inventory records are kept in units only, the ending inventory on a LIFO basis is O $17024. O $16273. O $17758. O $16492.
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