Acme Manufacturing Company began business in June and made the following four inventory purchases: June 1 150 units $ 990 June 10 200 units 1,344 June 15 200 units 1,368 June 28 150 units 1,062 $4,764 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is A. $1,361. B. $1,320. C. $1,344. D. $1,416. Reset Selection