27 Not yet answered Marked out of 1.00 At May 1, 2016, Bibby Company had beginning inventory consisting of 200 units with a unit cost of $9. During May, the company purchased inventory as follows: 800 units at $9 600 units at $10 PFlag question ps/exam pitu //T The company sold 1,000 units during the month for $12 per unit. Bibby uses the average cost method. The Gross profit for May is Select one: 0 a. $5,625. b. $6,000. c. $3,000. d. $2,625. phplattamata 1468006cmid=2950 Previous page Next page O