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Sandhill Company began business in June and made the following four inventory purchases: June 1 180 units $1247 June 10 June 15 June 28 240

Sandhill Company began business in June and made the following four inventory purchases: June 1 180 units $1247 June 10 June 15 June 28 240 units $1777 O $2155 $1720 $2182 260 units 180 units 1872. 2184 1584 $6887 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 248 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is
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The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 248 units on hand. Using the FiFO inventory method, the amount allocated to ending inventory for June is $1777 $2155 $1720 $2182

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