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Transactions for the month of June were: Purchases Sales June 1 June 2 2380 @ $5.50 3 6 6430 @ 5.50 7 (balance) 3290 @
Transactions for the month of June were: Purchases Sales June 1 June 2 2380 @ $5.50 3 6 6430 @ 5.50 7 (balance) 3290 @ $3.10 8740 @ 3.00 4870 @ 3.20 7160 @ 3.30 1990 @ 3.40 9 4020 @ 5.50 15 10 1520 @ 6.00 22 18 5560 @ 6.00 25 760 @ 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.) $17001. $16413. $17203. $17323
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