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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

Respuesta :

Answer: 200 units

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.