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June 1 Question 16 Pharoah Company just began business and made the following four inventary purchases in June 192 units $1152 June 10 256 units

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June 1 Question 16 Pharoah Company just began business and made the following four inventary purchases in June 192 units $1152 June 10 256 units 1792 June 15 256 units 2048 June 28 192 units 1228 $5720 A physical count of merchandise inventory on June 30 reveals that there are 256 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for Sune is $1537 $1600 $2304 52240

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