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MC Qu. 7-82 The Xu Corporation uses a periodic... Xu Corporation has a beginning inventory of 300 units at $5 each on January 1 Xu

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MC Qu. 7-82 The Xu Corporation uses a periodic... Xu Corporation has a beginning inventory of 300 units at $5 each on January 1 Xu purchases 500 units at $4 each in February and 200 units at $ each In March. There were no additional purchases or sales during the remainder of the year Xu sells 150 units during the quarter. If Xu uses the average cost method, what is its cost of goods sold? Multiple Choice $705 $900 O $750

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