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Ayayai Corp.just began business and made the following four inventory purchases in June: June 1 June 10 June 15 June 28 195 units 260 units
Ayayai Corp.just began business and made the following four inventory purchases in June: June 1 June 10 June 15 June 28 195 units 260 units 260 units 195 units $1170 1820 2080 1755 $6825 A physical count of merchandise inventory on June 30 reveals that there are 260 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is $1821. $2080. $2275. $1950
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