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Tamarisk, Inc. Just began business and made the following four inventory purchases in June: June 1 100 units $700 June 10 150 units 1185 June

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Tamarisk, Inc. Just began business and made the following four inventory purchases in June: June 1 100 units $700 June 10 150 units 1185 June 15 150 units 1275 June 28 100 units 890 $4050 A physical count of merchandise Inventory on June 30 reveals that there are 160 units on hand. Using the average cost method, the amount allocated to the ending inventory (rounded to whole dollar) on June 30 is $1296. $1264 $1360. $1400

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