Transactions for Mango Ltd. for the month of June were: …
Transactions for Mango Ltd. for the month of June were: Purchases Sales June 1 (balance) 400 @ $3.20 June 2 300 @ $5.50 3 1,100 @ 3.10 6 800 @ 5.50 7 600 @ 3.30 9 500 @ 5.50 15 900 @ 3.40 10 200 @ 6.00 22 250 @ 3.50 18 700 @ 6.00 25 150 @ 6.00 Mango Ltd. uses the periodic inventory system. The ending inventory on a weighted average cost basis is