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No Name Incorporated uses the periodic inventory method and had the following inventory information available for the month of March: Date Transaction Units Unit Cost
No Name Incorporated uses the periodic inventory method and had the following inventory information available for the month of March: Date Transaction Units Unit Cost $ Cost 3/1 Beginning inventory 100 $2.00 $ 200 3/5 Purchase No. 1 200 $3.00 $ 600 3/18 Purchase No. 2 200 $3.50 $ 700 3/30 Purchase No. 3 100 $4.00 $ 400 Total 600 $1.900 3/31 Sale 3/31 Ending Inventory 400 200 units Using Average Cost, how much is Ending Inventory? O $1,267 $633 $750 O $1,900 M
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