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At May 1 , 2 0 2 7 , Oriole Company had beginning inventory consisting of 2 1 0 units with a unit cost of

At May 1,2027, Oriole Company had beginning inventory consisting of 210 units with a unit cost of $4.30. During May, the company purchased inventory as follows:
620 units at $4.30
670 aunits at $10.00
The company sold 1000 units during the month for $12 per unit. Oriole uses the average-cost method. Oriole's gross profit for the month of May is
$1500.
$7846.
$5154.
$4987.
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