Given the Following Information, Determine the Cost of the Inventory

Multiple Choice

Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method. $$\begin{array} { | l | l | l | } \hline \text { June 1 } & \text { Beginning inventory } & \begin{array} { l } 15 \text { units at } \$ 20 \\\text { ead }\end{array} \\\hline \text { June 15 } & \begin{array} { l } \text { Sale of } 6 \text { units for } \$ 50 \\\text { each }\end{array} & \\\hline \begin{array} { l } \text { June } \\29\end{array} & \text { Purchase } & \begin{array} { l } 8 \text { units at } \$ 25 \\\text { ead }\end{array} \\\hline\end{array}$$ The cost of the ending inventory is:

A) $200
B) $220
C) $380
D) $275
E) $300