Current Attempt in Progress Ivanhoe Manufacturing Company began business in June and made the following four inventory purchases: June 1 129 units $516 June 10 172 units 1032 June 15 172 units 1376 June 28 129 units 1290 $4214 | The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 172 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $1204. $688. O $1032. O $1720.