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Given the following information, determine the cost of the inventory at June 30 using the...

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Question

Accounting

Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method.
7 pts
Date
Activities
Units Acquired at Cost Units Sold at Retail
June 1 Beginning inventory 15 units @ $38= $570
June 15 Sale
6 units @$68
June 29 Purchase
8 units @$43=$344
The cost of the ending inventory is:
$344
$454
$686
$455
$570
Question 9
A company's inventory records report the following in November of the current year:
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F2
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7pts
Q)
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