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A company just starting business made the following four inventory purchases in June. Number of units Date purchased Total cost June 1 200 units $

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A company just starting business made the following four inventory purchases in June. Number of units Date purchased Total cost June 1 200 units $ 440 June 10 250 units 635 June 15 250 units 680 June 28 200 units 560 $2315 A physical count of merchandise inventory on June 30 reveals that there are 300 units on hand. Using the LIFO inventory method, the value of the ending inventory on June 30 is O $1443. O $832. O $1483. O $694

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