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Skysong, Inc. just began business and made the following four inventory purchases in June: June 1 132 units $792 June 10 June 15 June 28
Skysong, Inc. just began business and made the following four inventory purchases in June: June 1 132 units $792 June 10 June 15 June 28 176 units 1232 176 units 1408 132 units 1188 $4620 A physical count of merchandise inventory on June 30 reveals that there are 176 units on hand. Using the average cost, method, the amount allocated to the ending inventory on June 30 is $1540. $1320. $1409. $1408
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