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Crane Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 482 units that cost $69 each. During the month,
Crane Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 482 units that cost $69 each. During the month, the company made two purchases: 717 units at $72 each and 360 units at $74 each. Crane also sold 1204 units during the month. If the average-cost method is used, what is the amount of ending inventory? (Round average cost per unit to 2 decimal places, e.g. 21.48.) $86122. $25393. $26270. $85252
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