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Bramble Corp. just began business and made the following four inventory purchases in June: June 1 147 units $1020 June 10 196 units 1530 June

Bramble Corp. just began business and made the following four inventory purchases in June:

June 1 147 units $1020
June 10 196 units 1530
June 15 196 units 1650
June 28 147 units 1290
$5490

A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. The inventory method which results in the highest gross profit for June is

a) not determinable

b) the FIFO method

c) the average cost method

d) the LIFO method

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