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Suppose that Sandhill Natural Cosmetics Company began business and made the following four inventory purchases in June: The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 196 units on hand. Using the average-cost method, the amount allocated to the ending imventory on June 30 is $1470. $1568. $1715. $1569. Blossom Company just began business and made the following four inventory purchases in June: The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there are 160 units on hand. Using the LIFO irventory method, the value of the ending irwentory on June 30 is $1000.$1400.$1440.$961. Sandhill Company began business in June and made the following four inventory purchases: The company uses a periodic inventory system. A physical count of merchandise inventory on June 30 reveals that there ate 204 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is $1773 $1795 $1415 $1464 Suppose that Cullumber has the following inventory data: Assuming that a perpetual imventory system is used, what is the cost of goods sold on a LIFO basis for July? $719.80$486.30$965.50$1451.80

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