Multiple Choice Question 68 d Concord Corporation just began business and made the following four inventory purchases in June: June 1 120 units $830 June 10 160 units 1250 June 15 160 units 1340 June 28 120 units 1060 $4480 A physical count of merchandise inventory on June 30 reveals that there are 170 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is $1360. $1329 $1424. $1479