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0 Skysong, Inc. just began business and made the following four inventory purchases in June: June 1 132 units $792 June 10 176 units 1232
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Skysong, Inc. just began business and made the following four inventory purchases in June: June 1 132 units $792 June 10 176 units 1232 June 15 176 units 1408 June 28 132 units 1188 $4620 A physical count of merchandise inventory on June 30 reveals that there are 176 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is O $1408 $1540. O $1409. O $1320Step by Step Solution
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