The cost of ending inventory of Eaton Electronics on June 30 is $13,600.
<h3>What is the LIFO method?</h3>
The LIFO method values the cost of goods sold based on the assumption that goods sold are from the latest stock.
For example, using LIFO, Easton would have the two TVs sold based on the cost of the May Purchases instead of specific identification.
<h3>Data and Calculations:</h3>
Beginning inventory (2 x $1,500) = $3,000
April Purchases (4 x $1,450) = $5,800
May Purchases (5 x $1,600)= $8,000
Cost of goods available for sale = $16,800
Cost of goods sold (2 x $1,600) = $3,200
Ending inventory = $13,600 ($16,800 - $3,200)
Thus, the cost of ending inventory is $13,600.
Learn more about the LIFO method at brainly.com/question/10026597
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