The following data are available:

Date

year $2---$ Concepts Units Unit Cost

June $1$ Begining inventory $10029,5$

June $4$ Purchase $25033$

June $12$ Sales $120$

June $18$ Purchase $40030$

June $24$ Sales $600$

Record the inventory using the perpetual inventory stock card, according to

the:

$1.$ FIFO method

$2.$ LIFO method

$3.$ Weighted average cost method.

Answer rating: 100% (QA)

Based on your question I understand that you have some inventory data 1 June 1 Beginning Inventory 100 units at 29 each 2 June 4 Purchase 250 units at 33 each 3 June 12 Sales 120 units 4 June 18 Purch... View the full answer