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Gecko Enterprises had the following inventory data: Date July 1 July 4 Quantity. 5 10 12 Unit Cost $50 $56 Beginning inventory Purchase Sale Purchase
Gecko Enterprises had the following inventory data: Date July 1 July 4 Quantity. 5 10 12 Unit Cost $50 $56 Beginning inventory Purchase Sale Purchase Sale July 7 9 $58 July 11 July 14 8 Assuming average cost, what is the ending inventory after the July 14 sale? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) O A. $228 B. $232 O C. S224 OD. $212
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