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Wildhorse Co. just began business and made the following four inventory purchases in June: June 1 160 units $1.30 $208 June 10 220 units $1.40

Wildhorse Co. just began business and made the following four inventory purchases in June:

June 1

160 units

$1.30

$208

June 10

220 units

$1.40

$308

June 15

216 units

$1.50

$324

June 28

170 units

$1.90

$323

$1,163

A physical count of merchandise inventory on June 30 reveals that there are 230 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is:

Question 33 options:

$413

$857

$750

$306

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