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What the amount allocated to the ending inventory on June

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Question - Sunland Company just began business and made the following four inventory purchases in June: June 1144 units $1000

June 10192 units 1500

June 15192 units1610

June 28144 units 1270

$5380

A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the average cost method, what the amount allocated to the ending inventory on June 30?

Reference no: EM132966542

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