Ayayai Corp. just began business and made the following four inventory purchases in June: June 1 195 units $1170 June 10 260 units 1820 June 15 260 units 2080 June 28 195 units 1755 $6825 A physical count of merchandise inventory on June 30 reveals that there are 260 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is $2275. $1561. $1625. $2340.
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Ayayai Corp. just began business and made the following four inventory purchases in June: June 1 195...
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