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Inventory - Green Meteor Co. (Part 1 of 7) In the month of March, Green Meteor Co. had the following inventory information and transactions: March
Inventory - Green Meteor Co. (Part 1 of 7) In the month of March, Green Meteor Co. had the following inventory information and transactions: March 1 Beginning Inv. 200 Units @ $70 per unit March 2 Purchased 84 Units @ \$65 per unit March 3 Purchased 220 Units @ \$49 per unit March 5 Sold 300 Units March 8 Sold 100 Units March 15 Purchased 700 Units @ \$44 per unit March 17 Purchased 240 Units @ \$41 per unit March 25 Sold 55 Units March 31 Sold 120 Units For part 1 of this question, what would the ending inventory in dollars be on March 31 if the weighted average method is used in the perpetual system of inventory management? a) $41,303 b) $38,869 c) $38,221 d) $44,410 e) $39,022
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