*Multiple Choice Question 66 Wildhorse Co. just began business and made the following four inventory purchases in June: June 1 200 units $1300 June 10 250 units 1875 June 15 250 units 2025 June 28 200 units 1700 $6900 A physical count of merchandise inventory on June 30 reveals that there are 260 units on hand. Using the LIFO Inventory method, the value of the ending inventory (rounded to whole dollar) on June 30 is C $1690. $1750. $2210 $2185 *Multiple Choice Question 67 Sunland Company just began business and made the following four inventory purchases in June: June 1 170 units $1178 June 10 220 units 1694 June 15 220 units 1826 June 28 170 units 1479 $6177 A physical count of merchandise inventory on June 30 reveals that there are 220 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory (rounded to whole dollar) for June is $1894. $1914. C $1526. C $1563 *Multiple Choice Question 75 Splish Brothers Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 36 units at $23 126 units at $24 18 units at $26 $828 3024 468 $4320 A physical count of merchandise inventory on July 30 reveals that there are 58 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $2892 $2964. $1356 $1428 o Question Attempts: 1 of 3 used