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A company just starting business made the following four inventory purchases in June: June 1 110 units. $380 June 10 160 units 575 June

A company just starting business made the following four inventory purchases in June: June 1 110 units. $380 June 10 160 units 575 June 15 160 units 820 June 28 120 units 700 $2475 A physical count of merchandise inventory on June 30 reveals that there are 220 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is O $1264. $1900. O $990. O $775.

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