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also, what would the ending inventory be at june 30 if FIFO was used ...

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Accounting

also, what would the ending inventory be at june 30 if FIFO was used image
Crane Corporation sells item A as part of its product line. Information as to balances on hand, purchases, and sales of item A are given in the following table for the first six months of 2020. Quantities Purchased Sold Unit Price of Purchase $4.70 $4.80 Date January 11 January 24 February 8 March 16 June 11 1,320 Balance 440 1,760 1,420 860 1,560 340 560 700 $5.20 (a) Compute the ending inventory at June 30 under the perpetual LIFO inventory pricing method. Ending inventory $

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