Multiple Choice Question 67 Concord Corporation just began business and made the following four inventory purchases in June: June 1 100 units $693 June 10 150 units 1170 June 15 150 units 1260 June 28 100 units 880 $4003 A physical count of merchandise inventory on June 30 reveals that there are 140 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory (rounded to whole dollar) for June is $1005. $1232 $971. $1216