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9) A company just starting business made the following four inventory purchases in June: June 1 June 10 June 15 June 28 150 units 200
9) A company just starting business made the following four inventory purchases in June: June 1 June 10 June 15 June 28 150 units 200 units 200 units 150 units $ 390 585 630 510 $2,115 A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is a. $683. b. $755. C. $825. d. $1,360
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