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Glasgow Enterprises started the period with 85 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 85 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows. Glasgow sold 375 units after purchase 3 for $2.00 each.

PURCHASE NO. OF ITEMS COST
1 350 $2.50
2 125 $2.60
3 50 $3.00

Glasgow's ending inventory under weighted average would be approximately: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice $934. $441. $592. $585.

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