Glasgow Enterprises started the period with 60 units in beginning inventory that cost $2.10 each. During the period, the company purchased inventory items as follows: Purchase No. of Items Cost 1 260 $ 2.60 2 180 $ 2.70 3 50 $ 3.10 Glasgow sold 285 units after purchase 3 for $8.40 each.

What is Glasgow's ending inventory under weighted-average (rounded)?

Multiple Choice

$694

$701

$747

$590