Given the following information determine the cost of the


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

June 1 Beginning inventory 30 units at $20 each
June 15 Sale of 22 units for $50 each
June 29 Purchase 22 units at $25 each

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Accounting Basics: Given the following information determine the cost of the
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