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Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost June 1 150 units 5.2 June 10 200
Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost June 1 150 units 5.2 June 10 200 units 5.85 June 15 200 units 6.4 June 28 150 units 6.6 Total Cost 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: O a. 1,500 O b. 1,000 O c. 1,200 O d. 1,300 O e. 1,250
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