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What the value of the ending inventory on june

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Question - Atom Company just began business and made the following four inventory purchases in June:

June 1st 150 units $990

June 10th 200 units $1344

June 15th 200 units $1368

June 28th 150 units $1062

Atom sold 500 units on June 29 and a physical count of merchandise inventory on June 30 confirms that there are 200 units still on hand. Using the LIFO inventory method, what the value of the ending inventory on June 30?

Reference no: EM133126365

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