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14. The information below relates to inventory item Z. Month March March March Date 1 unit 50 units held in opening inventory at a cost
14. The information below relates to inventory item Z. Month March March March Date 1 unit 50 units held in opening inventory at a cost of $40 per 50 units purchased at a cost of $50 per unit 3 5 60 units sold at a selling price of $100 per unit Under AVCO, what is the value of inventory held for item Z at the end of March 31? A. $4,000 B. $1,800 C. $2,000 D. $2,500
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