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Fulbright Corp. uses the periodic inventory system. During its first year of operations. Fulbright made the following purchases listed in chronological order of acquisition) .

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Fulbright Corp. uses the periodic inventory system. During its first year of operations. Fulbright made the following purchases listed in chronological order of acquisition) . 43 units at $96 per unit 72 units at $71 per unit 173 units at $64 per unit Sales for the year totaled 265 units, leaving 23 units on hand at the end of the yeat. Ending inventory using the average cost method is: (Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount) Multiple Choice $1472 5 $1.522 $1622 Porting your son

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