A company Just starting business made the following inventory purchases and sales in June Purchases...
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A company Just starting business made the following inventory purchases and sales in June Purchases Date Units Total Cost June 1 150 units $ 780 1,170 1,260 June 10 200 units June 15 200 units Juno 28 150 units Cost of Goods Available 700 units 990 $4,200 Sales June 12 250 units June 29 250 units Ending inventory on June 30 200 units of the company is using the PERPETUAL Inventory system, banod on the LIFO cont flow assumption, the amount allocated to cost of goods sold for June is a $3,127,50 b. $2,895.00 o $2,955.00 d. $3,050.00
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