Suppose that Crane Natural Cosmetics Company began business and made the following four inventory purchases in June: June 1 123 units $738 June 10 164 units 1148 June 15 164 units 1312 June 28 123 units 1107 $4305 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 156 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is $1371. $1093. $1248. CO $1170.