Number of units purchased Date Total cost June 1 100 units $ 400 June 10 250 units 570 June 15 250 units 680 June 28 100 units 500 $2150 A physical count of merchandise Inventory on June 30 reveals that there are 200 units on hand. Using the FIFO inventory method the amount allocated to cost of goods sold for June is $772 $628 $1378 $1377