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A company just starting business made the following four inventory purchases in June: June 1 120 units $420 June 10 150 units 600 June 15

A company just starting business made the following four inventory purchases in June:

June 1

120 units

$420

June 10

150 units

600

June 15

150 units

570

June 28

200 units

270

$1860

A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is

$612.

$1260.

$780.

$630.

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