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Quark Inc. Just began business and made the following four inventory purchases in June June 1 150 units $ 990 June 10 200 units 1,344

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Quark Inc. Just began business and made the following four inventory purchases in June June 1 150 units $ 990 June 10 200 units 1,344 June 15 200 units 1,368 June 28 150 units 1.062 $4.764 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 ending inventory for June is $1,320 $657 $1,404 O $1.416. O $1,326

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