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A company just began business and made the following four inventory purchases in June: June 1 126 units $830 June 10 168 units 1128 June

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

June 1 126 units $830

June 10 168 units 1128

June 15 168 units 1152

June 28 126 units 892

For a total amount of $4002

A physical count of merchandise inventory on June 30 reveals that there are 170 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is

a. $1203.

b. $1157.

c. $1120.

d. $1141.

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