A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is

Multiple Choice Question 58 A company just starting business made the following four inventory purchases in June. Number of units purchased Date Total cost 150 units $ 390 June 1 June 10 150 units 435 June 15 150 units 480 June 28 180 units 612 $1917 A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is $1209. O $1226. O $477. O $708