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LLB Company employs a periodic inventory system and sells its inventory to customers for $ 2 5 per unit. LLB Company had the following inventory

LLB Company employs a periodic inventory system and sells its
inventory to customers for $25 per unit. LLB Company had the
following inventory information available for May:
May 1 Beginning inventory 720 units (a) $15 cost per unit
May 9 Purchased 1,170 units @ $12.30 cost per unit
May 14 Sold 1,400 units
May 19 Purchased 780 units (@ $16.80 cost per unit
May 21 Purchase 1,490 units (a) $9.70 cost per unit
May 28 Sold 1,200 units
May 29 Purchased 840 units (a) $15.30 cost per unit
LLB Company reported operating expenses of $14,306 for May.
Calculate the dollar amount of ending inventory shown on
LLB Company's May 31 balance sheet using the weighted
average method.
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