Question: Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. Date Activities Units Acquired at

Given the following information, determine the cost of the inventory at June

Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. Date Activities Units Acquired at Cost Units Sold at Retail June 1 Beginning inventory 15 units @ $27 = $405 June 15 June 29 Sale Purchase 6 units @ $57 8 units @ $32 = $256 The cost of the ending inventory is:

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