Tamarisk, Inc. just began business and made the following four inventory purchases in June: June   1   156 units   $1080 June   10   208 units   1620 June   15   208 units   1750 June   28   156 units    1370         $5820 A physical count of merchandise inventory on June 30 reveals that there are 220 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is     $1370.   $1523.   $1618.   $1908.

Tamarisk, Inc. just began business and made the following four inventory purchases in June:
June   1   156 units   $1080
June   10   208 units   1620
June   15   208 units   1750
June   28   156 units    1370
        $5820

A physical count of merchandise inventory on June 30 reveals that there are 220 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is

 

 

$1370.

 

$1523.

 

$1618.

 

$1908.
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