I. Transactions for the month of June were: 1. Assuming that perpetual inventory records are kept in

I. Transactions for the month of June were: 1. Assuming that perpetual inventory records are kept in units only, the ending inventory on a LIFO basis is ? a. $1,900.  b. $1,920.  c. $1,970.  d. $2,065 e. Non of the above2. Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is  a. $1,900.  b. $1,920.  c. $1,970.  d. $2,065.  e. Non of the above 3. Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is  a. $1,900.  b. $1,920.  c. $2,065.  d. $2,100.  e. Non of the above 4. Assuming that perpetual inventory records are kept in units only, the ending inventory on an  average-cost basis, rounded to the nearest dollar, is  a. $1,980.  b. $1,956.  c. $1,970.  d. $1,995 e. Non of the above

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