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I'm having problems with this one Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory

I'm having problems with this one

Inventory records for Dunbar Incorporated revealed the following:

Date Transaction Number

of Units Unit

Cost Apr. 1 Beginning inventory 500 $ 2.35 Apr. 20 Purchase 440 2.69

Dunbar sold 560 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)

Multiple Choice

  • $953.
  • $1,013.
  • $958.
  • $910.

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