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A company just starting business made the following four inventory purchases in june: june 1 150 units $ 390 june 10 200 units 585 june 15 200 units 630 june 28 150 units 510 $2,115 2 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. $683.
b. $755.
c. $825.
d. $1,360.

Q&A Education