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Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.20 each. During the period, the company purchased inventory items as follows,
Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.20 each. During the period, the company purchased inventory items as follows, Glasgow sold 350 units after purchase 3 for $2.20 each Purchase 2 2 3 Number of Items 330 135 55 Cost $ 2.70 $ 2.80 $ 3.20 If the company uses the weighted average cost flow method, Glasgow's ending inventory would be approximately: (Round your intermediate calculations to 2 decimal places.)
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