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A company just starting business made the following four inventory purchases in June: Date June 1 June 10 June 15 June 28 Number of units

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A company just starting business made the following four inventory purchases in June: Date June 1 June 10 June 15 June 28 Number of units purchased 100 units 150 units 150 units 100 units Total cost $350 570 600 470 $1990 A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $730. $870. $796. O $1400

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