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This problem requires calculating the cost of goods sold (COGS) using the **Last-In, First-Out (LIFO)** inventory method. In LIFO, the last units purchased are sold first. The company sold **100 units** in June, and we have the following inventory dataThis problem requires calculating the cost of goods sold (COGS) using the **Last-In, First-Out (LIFO)** inventory method. In LIFO, the last units purchased are sold first. The company sold **100 units** in June, and we have the following inventory 

| Date        | Units Received | Unit Cost |
|-------------|----------------|-----------|
| June 4      | 30 units       | $2.50     |
| June 11     | 60 units       | $2.00     |
| June 18     | 20 units       | $2.60     |
| June 25     | 50 units       | $2.10     |

### Step-by-Step Calculation:

1. **Start with the most recent purchase (June 25)**:
   - 50 units at **$2.10** each.
   - Total for these units: $ 50 \times 2.10 = 105.00 $

2. **Next, go to the June 18 purchase**:
   - 20 units at **$2.60** each.
   - Total for these units: $ 20 \times 2.60 = 52.00 $

3. **Next, go to the June 11 purchase**:
   - 60 units were bought, but we only need 30 more units to reach the 100 units sold.
   - 30 units at **$2.00** each.
   - Total for these units: $ 30 \times 2.00 = 60.00 $

4. **Total cost of goods sold**:
   - Sum of all totals:  
   $ 105.00 + 52.00 + 60.00 = 217.00 $

5. **Calculate the average cost per unit**:
   Since all 100 units are sold, the total cost is $217.00, so the cost per unit is:

   \[
   \frac{217.00}{100} = 2.17
   \]

### Final Answer:
The cost of goods sold per unit is **$2.17**, rounded to the nearest cent.

Would you like any further details or clarifications? 

Here are some related questions:
1. What is the difference between LIFO and FIFO?
2. How does LIFO affect taxes during inflation?
3. Why might a company choose to use LIFO for inventory valuation?
4. How would the COGS differ if FIFO was used instead of LIFO?
5. What other inventory valuation methods exist besides LIFO and FIFO?

**Tip**: LIFO tends to increase the cost of goods sold during periods of rising prices, which can reduce taxable income.

A company sells 100 units in June. Calculate the cost of goods sold using last-in, first-out.

Learn how to calculate the cost of goods sold (COGS) using the Last-In, First-Out (LIFO) method for a company that sold 100 units in June. This step-by-step guide breaks down the calculation using inventory data from June 4, June 11, June 18, and June 25. Suitable for accounting and finance students in Grades 10-12.

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