Multiple Choice Question 58 A company just starting business made the following four inventory purchases in June: Number of Units Purchased 190 units Date June 1 June 10 June 15 June 28 200 units 200 units 120 units Total Cost $ 380 595 650 510 $2135 A physical count of merchandise inventory on June 30 reveals that there are 430 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is $1302. $1518. $618. $1367. Click if you would like to Show Work for this question: Open Show Work