A company just starting business made the following four inventory purchases in June Date June...
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A company just starting business made the following four inventory purchases in June Date June 1 June 10 June 15 June 28 Number of units purchased 200 units 150 units 150 units 130 units Total cost $360 575 630 500 $2005 A physical count of merchandise inventory on June 30 reveals that there are 230 units on hand. Using the LIFO inventory method, the value of the endiginventory on June 10ls $1471 $1439 5626 Sve for Later Arte
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