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Transactions from the month of June: [Purchases]: June 1 (balance)- 500 @ $12, June 6- 1,800 @ $11, June 14- 500 @ $10, June 20-
Transactions from the month of June:
[Purchases]:
June 1 (balance)- 500 @ $12, June 6- 1,800 @ $11, June 14- 500 @ $10, June 20- 500 @ $13
[Sales]:
June 9- 1,000 @ $15, June 17- 400 @ $16, June 21, 1,400 @ $18
a) Compute theending inventoryat June 30 under theperpetualLIFO inventory pricing method.
b) Compute theending inventoryat June 30 under theperiodicFIFO inventory pricing method.
c) Calculateending inventoryat June 30 under theperiodicweighted-average method.
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