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

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A company just starting its business made the following four inventory purchases in June: Date Jun 1 Jun 10 Jun 15 Jun 28 Number of Units Total Cost 210 $672 260 858 260 884 210 735 On June 25, the company made its first sale when a local customer purchased 610 units for $3.500. The company uses a perpetual inventory system Using the FIFO cost formula, the amount of the cost of goods sold for June is $2006 $2550 $1093 $1143 Attempts: 0 of 1 used Smit

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