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Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost Total Cost 150 units 5.2 June 1 June 10

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Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost Total Cost 150 units 5.2 June 1 June 10 200 units 5.85 June 15 200 units 6.4 June 28 150 units 6.6 A physical count of inventory on June 30 shows that 200 units on hand. Using the Average Method of inventory, the cost of the ending inventory on June 30 is: Select one: a. 1,000 b. 1.200 c. 1,250 d. 1,500 e. 1,300

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