Multiple Choice Question 68 Sheridan Company just began business and made the following four inventory purchases in June: June 1 240 units June 10 290 units June 15 290 units June 28 240 units $1502 2059 2233 1944 $7738 A physical count of merchandise inventory on June 30 reveals that there are 300 units on hand. Using the average cost method, the amount allocated to the ending inventory (rounded to whole dollar) on June 30 is $2310 $2190. $2406 $2130