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Inventory records for a Company revealed the following: Date Number of Units Unit Cost Apr. Transaction 1 Beginning Inventory 20Purchase 500 $ 2.40 Apr. 400

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Inventory records for a Company revealed the following: Date Number of Units Unit Cost Apr. Transaction 1 Beginning Inventory 20Purchase 500 $ 2.40 Apr. 400 2.50 Company sold 700 units of inventory during the month. Ending inventory assuming weighted- average cost would be: (Round weighted average unit cost to 4 decimals) A) $511 B) $500 C) $489. D) $470. Select one: D

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