tusiness and A physical hand, Ueing the LIFO inventory method, the value of the ending witory on n b $1.385 d. $1,020 nventory on June 30 reveals that there are 2so 21) Baker Bakery Company juat began business and mace te tolstowing four ivertory purchases in June June t June 10 une 15 June 28 150 units 200 units 200 units 780 1,280 A physical count of merchandise Inventory on June 30 reveals that there are 250 units en hand. Using the FIFO inventory method, the amount allocated to ending inventory for June a. $1.300 b. $1,365 c $1,620 d. $1,650 Charlene Cosmetics Company just began business and made the following four inventory purchases in June: 22) June June 10 June 15 June 28 150 units 200 units 200 units 150 units s 780 1.170 1,260 A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is a. $1,463 b. $1,620 c. $1,575 d. $1,500