Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method.

June 1 Beginning inventory 15 units at $20 each
June 15 Sale of 6 units for $50 each
June 29 Purchase 8 units at $25 each

The cost of the ending inventory is:

The cost of the ending inventory is  $300

Explanation:

LIFO stands for Last In First Out. It is an Inventory management system that sells the earlier inventory first.

Perpetual Inventory method records the costs of the sale of inventory with each sale instead of waiting after the period end.

On June 15, the units of sales are taken from the Beginning inventory units

The remainder of units after the June 15 sale together with new Purchase on June 29 form the amount of Closing Inventory

Cost of Ending Inventory is thus calculated as follows:

9 units × $ 20 = $100

8 units × $ 25 = $200

Total =               $300

answer; /// (b) i believe its that is paid to state and federal taxing authorities;

steering wheels are always situated on the left side of the car.

always drive on the right side of the road.

white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

never cross a solid yellow line (or double yellow line).

when turning left at an intersection, pass in front of any cars that are turning left from the opposing direction (do not try to pass behind them).

use the left lane to pass other cars traveling your direction.

do not pass in the right lane unless absolutely necessary.

if you are driving in the far left hand lane and someone would like to pass you, move over to the right lane when it is safe to do so and allow them to pass.

you must always yield to pedestrians.

come to a complete stop whenever you see pedestrians trying to cross the street.

never pass a school bus if it has flashing red lights. wait until the lights have stopped.

be aware of bicyclists. often they share the road with cars and are supposed to also follow general traffic laws.

be particularly careful about driving in cities with bike lanes -- always check before turning that a bike is not coming.

it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation: