Use the following information for questions
A company just starting its business made the following four inventory purchases in June:
On June 25, the company made its first sale when a local customer purchased 500 units for $3,500.The company uses a perpetual inventory system.
-Using the average cost formula, the cost of the ending inventory on June 30 is
Definitions:
Human Relations
The study of how people interact in personal and professional settings and the strategies to improve these interactions.
Honest
The quality of being truthful and free from deceit.
Knights of Labor
A 19th-century labor organization in the United States that aimed to protect and promote the interests of workers.
Working Conditions
The environment, terms, and circumstances under which an individual is employed, including hours, physical aspects, legal rights, and responsibilities.
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