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  3. transactions for the month of june were:purchasess

Transactions for the month of June were:PurchasesSales (units)June 1(balance) 2,200 @$3.20June 21,200 33,700 @3.1063,200 73,400...

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Accounting

imageTransactions for the month of June were:PurchasesSales (units)June 1(balance) 2,200 @$3.20June 21,200 33,700 @3.1063,200 73,400 @3.3092,000 152,600 @3.4010800 221,800 @3.50182,800 25400 Assuming that perpetual inventory records are kept in units only, the cost of goods sold on a LIFO basis is

12. Transactions for the month of June were: June 1 Purchases (balance) 2,200 @ $3.20 3,700 @ 3.10 3,400 @ 3.30 2,600 @ 3.40 1,800 @ 3.50 Sales (units) June 2 1,200 3,200 2,000 800 18 2,800 25 400 9 10 15 22 Assuming that perpetual inventory records are kept in units only, the cost of goods sold on a LIFO basis is

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