A company just starting business made the following four inventory

purchases in June:

June1150 units$780

June 10200 units1,170

June 15200 units1,260

June 28150 units990

$4,200

A physical count of merchandise inventory on June 30 reveals that

there are 250 units on hand. The company uses a periodic inventory system.

Using the average cost method, the amount allocated to the ending

inventory on June 30 is:

Question 53 options:

$4,200.

$1,150.

$2,700.

$1,500.