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company shows the following information over its fastest selling product. Software Inventory january 1 100 units at 250 Purchases march 25 300 units at 270

company shows the following information over its fastest selling product. Software

Inventory january 1 100 units at 250

Purchases march 25 300 units at 270

Sales june 15, 280 units at 400

Purchases august 1 300units at 300

Sales september 20 415 units at 550

How much is Ending inventory using the moving average method?

  1. 1450

  2. 1400

  3. 1500

  4. 1550

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