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A company just starting business made the following four inventory purchases in June: June 1 150 units $350 June 10 150 units 585 June 15
A company just starting business made the following four inventory purchases in June: June 1 150 units $350 June 10 150 units 585 June 15 June 28 150 units 630 200 units 510 $2075 A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is O $1686. O $1523. O $389. O $552
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