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A company just began business and made the following four inventory purchases in June: June 1 123 units $738 June 10 164 units 1312 June

A company just began business and made the following four inventory purchases in June:

June 1 123 units $738
June 10 164 units 1312
June 15 164 units 1640
June 28 123 units 1476
$5166

A physical count of merchandise inventory on June 30 reveals that there are 164 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is

a)$1476.

b)$984.

c)$1312.

d)$1968.

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