Question
Bramble Corp. just began business and made the following four inventory purchases in June: June 1 147...
Bramble Corp. just began business and made the following four inventory purchases in June:
| June 1 | 147 units | 1020 | ||
| June 10 | 196 units | 1530 | ||
| June 15 | 196 units | 1650 | ||
| June 28 | 147 units | 1290 | ||
| $5490 |
A physical count of merchandise inventory on June 30 reveals that
there are 210 units on hand. Using the average cost method, the
amount allocated to the ending inventory on June 30 is
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