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.

The inventory method that results in the highest gross profit for

June is:

Question 52 options:

the weighted average unit cost method.

the specific identification method.

the FIFO method.

not determinable.