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he following information is for the inventory of mini-kettles at Bridgeport Company Limited for the month of May. Assuming that the perpetual inventory method is

he following information is for the inventory of mini-kettles at Bridgeport Company Limited for the month of May. image text in transcribed

Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under moving-average. (Round unit cost to 3 decimal places, e.g. 52.752 and final answer to 2 decimal places, e.g. 52.75.)

Ending inventory $

Total $2,442 2,508 10 Units Unit Date Transaction In Cost May 1 Balance 130 $4.40 6 Purchase 850 4.40 7 Sale Sale 12 Purchase 430 4.80 15 Sale 18 Purchase 330 4.80 22 Sale 25 Purchase 520 4.60 30 Sale Totals 2,260 Units Unit Total Sold Price $572 3,740 330 $7.40 330 7.60 2,064 250 7.80 1,584 430 7.80 2,392 250 7.40 $10,352 1,590 1,950 3,354 1,850 $12,104

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