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Quark Inc. just began business and made the following four inventory purchases in June: June 1 150 units S 825 June 10 200 units 1,120
Quark Inc. just began business and made the following four inventory purchases in June: June 1 150 units S 825 June 10 200 units 1,120 June 15 200 units 1,140 June 28 150 units885 $3.970 A physical count of merchandise inventory on Jdie 30 reveals that there are 250 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is O $1.475. O $1.455. $1,425 O $1,385
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