Kingbird, Inc. just began business and made the following four inventory purchases in June: June 1 177 units $1062 June 10 236 units 1652 June 15 236 units 1888 June 28 177 units 1593 $6195 A physical count of merchandise inventory on June 30 reveals that there are 236 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is $1770. $1653. $2065. $1888.
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