View Policies Current Attempt in Progress A company just starting business made the following four inventory purchases in June: June 1 140 units $400 June 10 240 units 585 June 15 240 units 700 June 28 110 units 500 $2185 A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for June is O $1423 O $619. O $1566. O $763. Save for Later Attempts: 0 of 1 used Submit