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Alpha First Company Just Began Business and Made the Following

question 157

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Alpha First Company just began business and made the following four inventory purchases in June:  June 1150 units $1,040 June 10200 units 1,560 June 15200 units 1,680 June 28150 units 1,320$5,600\begin{array} { r r r r } \text { June } & 1 & 150 \text { units } & \$ 1,040 \\\text { June } & 10 & 200 \text { units } & 1,560 \\\text { June } & 15 & 200 \text { units } & 1,680 \\\text { June } & 28 & 150 \text { units } & 1,320 \\& & & \$ 5,600 \\\hline\end{array} A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand.Using the LIFO inventory method the value of the ending inventory on June 30 is

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