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Glasgow Enterprises started the period with 75 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows.
Glasgow Enterprises started the period with 75 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows. Glasgow sold 395 units after purchase 3 for $2.00 each. Purchase No. of Items Cost 1 370 $ 2.50 2 115 $ 2.60 3 60 $ 3.00 Glasgow's ending inventory under weighted average would be approximately: (Round your intermediate calculations to 2 decimal places.)
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