June Corp Sells One Product and Uses a Perpetual Inventory System

Multiple Choice

June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 40 units that cost $20 per unit. During the current month, the company purchased 240 units at $20 each. Sales during the month totaled 180 units for $43 each. What is the number of units in the ending inventory?

A) 40 units.
B) 60 units.
C) 100 units.
D) 280 units.