On June 1, Dollar Hardware, Inc. had an inventory of 300 gas grills costing $100 each. Purchases and sales during June are as follows: Date Purchases Sales June 3 100 @ $125 each June 10 50 @ $110...


On June 1, Dollar Hardware, Inc. had an inventory of 300 gas grills costing $100 each. Purchases and sales during June are as follows:
































DatePurchasesSales
June 3100 @ $125 each
June 1050 @ $110 each
June 17150 @ $130 each
June 2850 @ $120 each



What is the cost of Dollar's inventory on June 30 using the FIFO method?




Jun 10, 2022
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