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A company just began business and made the following four inventory purchases in June: June 1 177 units $1062 June 10 236 units 1888 June

A company just began business and made the following four inventory purchases in June: June 1 177 units $1062 June 10 236 units 1888 June 15 236 units 2360 June 28 177 units 2124 $7434 A physical count of merchandise inventory on June 30 reveals that there are 236 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $2832. $2124. $1416. $1888.

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