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At May 1, 2017 Marigold Corp. had beginning inventory consisting of 230 units with a unit cost of $5.0. During May, the company purchased inventory

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At May 1, 2017 Marigold Corp. had beginning inventory consisting of 230 units with a unit cost of $5.0. During May, the company purchased inventory as follows: 470 units at $5.0 .700 units at $6.0 The company sold 1170 units during the month for $9.0 per unit. Marigold Corp. uses the average cost method. The value of Marigold Corp's Inventory at May 31, 2017 is $7700. $1380. $1265. $1150

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