Galina Corporation has the following information related to its inventory purchases for the month of March. Galina sold 1,320 units throughout the period. Assume that Galina uses the periodic method to account for inventory.

	Date		Units		Cost		Total
	Beginning		410		$22		$9,020
	3-Mar		580		$23		$13,340
	17-Mar		340		$25		$8,500
	22-Mar		230		$26		$5,980
	28-Mar		310		$27		$8,370
	Total		1,870				$45,210

What is Galinas Cost of Goods Sold, assuming they use the First-in, First-out method of valuing inventory?

a. $12,240

b. None of the above

c. $32,970

d. $30,610

e. $14,600

Galina Corporation has the following information related to its inventory purchases for the month of March. Galina sold 1,320 units throughout the period. Assume that Galina uses the periodic method to account for inventory.

	Date		Units		Cost		Total
	Beginning		410		$22		$9,020
	3-Mar		580		$23		$13,340
	17-Mar		340		$25		$8,500
	22-Mar		230		$26		$5,980
	28-Mar		310		$27		$8,370
	Total		1,870				$45,210

What is Galinas Ending Inventory, assuming they use the Last-in, First-out method of valuing inventory?

a. $32,970

b. $14,600

c. None of the above

d. $12,240

e. $30,610

Galina Corporation has the following information related to its inventory purchases for the month of March. Galina sold 1,320 units throughout the period. Assume that Galina uses the periodic method to account for inventory.

	Date		Units		Cost		Total
	Beginning		410		$22		$9,020
	3-Mar		580		$23		$13,340
	17-Mar		340		$25		$8,500
	22-Mar		230		$26		$5,980
	28-Mar		310		$27		$8,370
	Total		1,870				$45,210

What is Galinas Ending Inventory, assuming they use the First-in, First-out method of valuing inventory?

a. $30,610

b. None of the above

c. $12,240

d. $32,970

e. $14,600

Galina Corporation has the following information related to its inventory purchases for the month of March. Galina sold 1,320 units throughout the period. Assume that Galina uses the periodic method to account for inventory.

	Date		Units		Cost		Total
	Beginning		410		$22		$9,020
	3-Mar		580		$23		$13,340
	17-Mar		340		$25		$8,500
	22-Mar		230		$26		$5,980
	28-Mar		310		$27		$8,370
	Total		1,870				$45,210

What is Galinas average cost per unit?

a. $30.97

b. $34.25

c. $47.09

d. $24.18