Suppose that Crane Natural Cosmetics Company began business and made the following four inventory purchases in June: June 1 June 10 June 15 123 units 164 units O $1093. O $1248. O $1371. O $1170. 164 units June 28 123 units $738 1148 1312 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

Suppose that Crane Natural Cosmetics Company began business and made the following four inventory purchases in June: The company uses a periodic inventory system. A physical count of merchandise imventory 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 $1093. $1248. $1371. $1170