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Accounting

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Question 12 1 points ABC company has the following information is available for June, 2018 Cost Retu Inventory, 1 June $ 60,000 $100,000 Purchases 270,000 350,000 Purchase returns 2.500 1,500 Freight in 5,500 Net markups 9.500 Net markdowns 16.000 Sales 400.000 Sales discount 3.500 If ABC company uses the cost method to determine its ending inventory at out what is the amount of inventory (at cost) at 30 June 2015 O A $34,261 OB S45,500 O c $27,200 OD. 538,303

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