Carla Vista Company began business in June and made the following four inventory purchases: June 1...

Transcribed Image Text:

Carla Vista Company began business in June and made the following four inventory purchases: June 1 177 units $1227 June 10 236 units 1841 June 15 255 units 2142 June 28 177 units 1558 $6768 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 244 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is $2121 O $2147 $1750 $1692 Carla Vista Company began business in June and made the following four inventory purchases: June 1 177 units $1227 June 10 236 units 1841 June 15 255 units 2142 June 28 177 units 1558 $6768 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 244 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is $2121 O $2147 $1750 $1692