Multiple Choice
A company just starting business made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using a periodic inventory system and the average-cost method, the amount allocated to the ending inventory on June 30 is
A) $540.
B) $608.
C) $668.
D) $1,520.
Correct Answer:

Verified
Correct Answer:
Verified
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