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Inventory records for Capetown, Incorporated revealed the following: Date Transaction Number of Units Unit Cost April 1 Beginning Inventory 490 $ 2.45 April 20 Purchase

Inventory records for Capetown, Incorporated revealed the following: Date Transaction Number of Units Unit Cost April 1 Beginning Inventory 490 $ 2.45 April 20 Purchase 370 2.78 Capetown sold 600 units of inventory during the month. What is the amount of ending inventory assuming weighted-average cost? (Round weighted-average unit cost to 4 decimals and round your final answer to the nearest whole dollar.)

Multiple Choice

a/ $653

b/ $680

c/ $754- Incorrect

d/ $674

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