Muscat Company has the following inventory information.

Units Per unit price Total

July 1 Beginning Inventory 20 units at OMR 19

7 Purchases 70 units at OMR 20

22 Purchases 10 units at OMR 22

The physical inventory count on July 31 shows 30 units on hand. Using the average-cost method, what is the value of ending inventory?

Select one:

a. None of the answers are correct

b. OMR 1,400.

c. OMR 620.

d. OMR 600

e. OMR 580.