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Wildhorse Company just began business and made the following four inventory purchases in June: June 1 204 units $1252 June 10 244 units 1952
Wildhorse Company just began business and made the following four inventory purchases in June: June 1 204 units $1252 June 10 244 units 1952 June 15 244 units 2074 June 28 204 units 1836 $7114 A physical count of merchandise inventory on June 30 reveals that there are 254 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is $2261 $2346 $2017 $1652
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