Multiple Choice Question 72 A company just began business and made the following four inventory purchases in June: June 1 147 units June 10 196 units $588 1176 June 15 196 units 1568 June 28 147 units 1470 $4802 A physical count of merchandise inventory on June 30 reveals that there are 196 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $784. $1176. $1372. $1960.