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A company just starting business made the following four inventory purchases in June: June 1 110 units $390 June 10 200 units 595 June

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A company just starting business made the following four inventory purchases in June: June 1 110 units $390 June 10 200 units 595 June 15 200 units 640 June 28 130 units 490 $2115 A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is O $1401. O $598. O $1517. O $714. Save for Later Attempts: 0 of 1 used Submit Answer

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