A Company Just Starting Business Made the Following Four Inventory

Multiple Choice

A company just starting business made the following four inventory purchases in June: $$\begin{array} { r r r r } \text { June } & 1 & 150 \text { units } & ¥ 5,200 \\\text { June } & 10 & 200 \text { units } & 7,800 \\\text { June } & 15 & 200 \text { units } & 8,400 \\\text { June } & 28 & 150 \text { units } &\underline{ 6,600} \\& & & \underline { ¥ 28,000 }\end{array}$$ A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. The inventory method which results in the highest gross profit for June is

A) the FIFO method.
B) the specific identification method.
C) the average-cost method.
D) not determinable.