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Suppose that Cullumber Natural Cosmetics Company began business and made the following four inventory purchases in June: June 1 June 10 June 15 June 28
Suppose that Cullumber Natural Cosmetics Company began business and made the following four inventory purchases in June: June 1 June 10 June 15 June 28 159 units 212 units 212 units 159 units O $1590. O $1696. O $1485. O $1855. $954 1484 1696 1431 $5565 The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 212 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is
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