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A company just began business and made the following four inventory purchases in June: June 1 135 units $890 June 10 180 units 1208 June

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A company just began business and made the following four inventory purchases in June: June 1 135 units $890 June 10 180 units 1208 June 15 180 units 1232 June 28 135 units 956 $4286 A physical count of merchandise inventory on June 30 reveals that there are 180 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is $1275 $1187 $1208. $1225

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