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A company just starting business made the following four inventory purchases in June: June 1 130 units $430 June 10 180 units 590 June 15
A company just starting business made the following four inventory purchases in June: June 1 130 units $430 June 10 180 units 590 June 15 180 units 690 June 28 150 units 530 $2240 A physical count of merchandise inventory on June 30 reveals that there are 300 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $1650. O $987. $1182. $1050
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