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Transactions for the month of June were: June 1 June 2 Purchases (balance) 3110 @ $3.10 8850 3.00 4830 @ 3.20 7140 @ 3.30 193
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Answer #1

Answer : $ 15371.

LIFO Method - Perpetual Inventory only in units only maintained. then

Ending Inventory = ( 3110 * 3.1 ) + ( 1910 * 3 ) = $ 15371.

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