Transactions for the month of June were: Purchases Sales June 1 (balance) 3,200 @ $3.20...
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Transactions for the month of June were: Purchases Sales June 1 (balance) 3,200 @ $3.20 June 2 2,400 $5.50 3 8.800 @ 3.10. 6 6,400 5.5 22 2,000 @ 3.50 18 600 @6.00 25 800 6.00 Assuming that perpetual inventory records are kept in units only, the ending inventory on a LIFO basis is (show work)
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