Y BYU Independent. Concord Corporation has the following inventory data: Grades for Macay... July 1 Beginning inventory RAMweb Colorad. 3 pts Purchases Purchases 24 units at $15 84 units at $16 $360 12 units at $18 A physical count of merchandise inventory on July 30 reveals that there are 38 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is 1,344 216 $1.920 $608. $584. O $632 $684