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A company just starting business made the following four inventory purchases in June: June June 150 units 10 200 units June 15 200 units
A company just starting business made the following four inventory purchases in June: June June 150 units 10 200 units June 15 200 units June 28 150 units $ 390 585 630 510 $2.115 A physical count of merchandise inventory on June 30 reveals that there are 300 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is CO $1,133 O $1,564. $536. O $1,447.
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