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How many units are available for sale

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Reference no: EM132203803

Sugarland Company provided the following information concerning its perpetual inventory records for the month of June:

Beginning Inventory

500 @ $5.10

June 5 Sale

200 @ $12.00

June 10 Purchase

200 @ $6.10

June 24 Sale

650 @ $12.00

If I use the LIFO method of inventory valuation. 

  • How many units are available for sale? 
  • How much is the cost of goods sold for June? 
  • What is the value of ending inventory at June 30?
  • How much should I report as its LIFO reserve at June 30

Reference no: EM132203803

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