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You have the following information for Crane Inc. for the month ended June 30, 2022. Crane uses a periodic inventory system. Unit Cost or
You have the following information for Crane Inc. for the month ended June 30, 2022. Crane uses a periodic inventory system. Unit Cost or Date Description Quantity Selling Price June 1 Beginning inventory 40 $48 June 4 Purchase 135 51 June 10 Sale 110 78 June 11 Sale return 15 78 June 18 Purchase 55 54 June 18 Purchase return 10 54 June June 22 25 Sale 65 84 28 Purchase 35 58
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