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A company just starting business made the following four inventory purchases in June: Date June 1 June 10 June 15 June 28 Number of units

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A company just starting business made the following four inventory purchases in June: Date June 1 June 10 June 15 June 28 Number of units purchased 140 units 210 units 210 units 150 units Total cost $370 575 630 200 $1775 A physical count of merchandise inventory on June 30 reveals that there are 270 units on hand. Using the average-cost method, the amount allocated to the ending Inventory on June 30 is $726 $1279. $590 $675

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