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June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20 per unit. During the current month, the company purchased 480 units at $20
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June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20 per unit. During the current month, the company purchased 480 units at $20 each. Sales during the month totaled 360 units for $43 each. What is the number of units in the ending inventory

User RedBaron
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4 votes

Answer: 200 units

Step-by-step explanation:

Beginning inventory 80 units.

Company Purchases 480 units

Total 560 units

Sales (360 units)

Ending Inventory 200 units

200 units remain in Ending inventory.

User Svetoslav Petkov
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5.0k points
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