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Transactions for the month of June were: Purchases Sales June 1 (balance) 3260 @ $3.20 June 2 2420 @ $5.40 3 8730 @ 3.10
Transactions for the month of June were: Purchases Sales June 1 (balance) 3260 @ $3.20 June 2 2420 @ $5.40 3 8730 @ 3.10 6 6420 @ 5.40 7 4840 @ 3.30 9 3960 @ 5.40 15 7130 @ 3.40 10 1560@ 6.00 22 2060 @ 3.50 18 5640 @ 6.00 25 780 @ 6.00 Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is $16818. O $17018. O $18022. O $17287.
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