Company ABC had 300 units in initial inventory on April 1, 2021. The cost per unit of that inventory is $ 75. Below is information about purchases and sales made during the month of April:

DATE PURCHASES SALES

APRIL 5 100 UNITS @ $ 125

APRIL 12 50 UNITS @ $ 80

APRIL 15 150 UNITS @ $ 130

APRIL 29 60 UNITS @ $ 85

What is the cost of ABC Company's ending inventory as of April 30 under the MOVING AVERAGE method?

Select one:

to. $ 12,300.

b. $ 12,500.

c. $ 12,700.

d. $ 13,600.

Sales information

100 Units @ 125

150 Units @ 130