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On May 1, 2022, Sunland Company had beginning inventory consisting of 348 units with a unit cost of $7. During May, the company purchased inventory

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On May 1, 2022, Sunland Company had beginning inventory consisting of 348 units with a unit cost of $7. During May, the company purchased inventory as follows: 696 units at $7 1044 units at $8 The company sold 1740 units during the month for $12 per unit. Sunland uses the average-cost method. Sunland's gross profit for the month of May is $12528 $15660 $7830 $20880

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