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A comparv just starting business made the following four inventory purchases in June: Number of units purchased Date Total cost June 1 120 units $

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A comparv just starting business made the following four inventory purchases in June: Number of units purchased Date Total cost June 1 120 units $ 390 June 10 200 units 500 June 15 200 units 650 June 28 120 units 700 $2240 A physical count of merchandise inventory on June 30 reveals that there are 300 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $1285 O $1654 O $840 $1050

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