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IT Ltd. had the following inventory data for the month of February for its periodic system: Feb. 1 Beginning Inventory 10 units @ $10 each
IT Ltd. had the following inventory data for the month of February for its periodic system: Feb. 1 Beginning Inventory 10 units @ $10 each Feb. 5 Purchase 30 units @ $12 each Feb. 11 Sale 25 units @ $30 each Feb. 19 Purchase 30 units @ $15 each Assume IT Ltd. uses the average Cost method, what is the value of the Ending Inventory in this month? Select one: a $375 b. $535 O c. $325 O d. $585 Next page sion 3 Post due 10pm Oct 5
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