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A company just starting business made the following four inventory purchases in June: June 1 150 units $430 June 10 160 units 595 June 15

image text in transcribed A company just starting business made the following four inventory purchases in June: June 1 150 units $430 June 10 160 units 595 June 15 160 units 640 June 28 180 units 220 $1885 A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is O $1290. O $725. $802. O $620

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