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14. Use this inventory information for the month of May to answer the following question, May 1 Beginning inventory 7 Purchase 18 Sale 22 Purchase
14. Use this inventory information for the month of May to answer the following question, May 1 Beginning inventory 7 Purchase 18 Sale 22 Purchase 20 units @ $20 70 units @ $25 40 units 20 units @ $15 Assuming that a periodic inventory system is used, what is ending inventory (rounded) under the average-cost method? O A $2.004.3 . $1088.8 OC. $890.8 OD. $1.558.9
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