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Ivanhoe inc. just began business and made the following four inventory purchase in June: June 1, 132 units $892, June 10 172 units $1204, June
Ivanhoe inc. just began business and made the following four inventory purchase in June: June 1, 132 units $892, June 10 172 units $1204, June 15 172 units $1462, June 28 132 units $1134, total $4692. A physical count of merchandise inventroy on June 30 reveals that there are 182 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June iss
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