Klinc Company Klinc Company uses a perpetual inventory system and had the following inventory transactions for the month of June:

The June 30th inventory included 45 units from the June 4th purchase and 45 units from the June 10th purchase.
-Refer to the information provided for Klinc Company.What is the cost of ending inventory at June 30th under the specific identification method?

Question

Klinc Company Klinc Company uses a perpetual inventory system and had the following inventory transactions for the month of June:

The June 30th inventory included 45 units from the June 4th purchase and 45 units from the June 10th purchase.
-Refer to the information provided for Klinc Company.What is the cost of ending inventory at June 30th under the specific identification method?

Quizplus · Accepted Answer

The Answer of Klinc Company Klinc Company uses a perpetual inventory system and had the following inventory transactions for the month of June:

The June 30th inventory included 45 units from the June 4th purchase and 45 units from the June 10th purchase.
-Refer to the information provided for Klinc Company.What is the cost of ending inventory at June 30th under the specific identification method?

Klinc Company Klinc Company Uses a Perpetual Inventory System and Had