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Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost Total Cost June 1 150 units 5.2 June 10

Muscat Co. just starting business made the following four inventory purchases in June:

Unit Unit Cost Total Cost

June 1 150 units 5.2

June 10 200 units 5.85

June 15 200 units 6.4

June 28 150 units 6.6

A physical count of inventory on June 30 show that 200 units on hand.

Using the Average Method of inventory, the value of the Cost of Goods Sold on June 30 is:

Select one:

a. 3,200

b. 2.200

c. 4,000

d. 3,000

e. 4,200

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