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Pharoah Company has the following inventory data: July 1 7 Beginning inventory Purchases Purchases 150 units at $19 525 units at $20 75 units at

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Pharoah Company has the following inventory data: July 1 7 Beginning inventory Purchases Purchases 150 units at $19 525 units at $20 75 units at $22 22 $2850 10500 1650 $15000 A physical count of merchandise inventory on July 30 reveals that there are 250 units on hand. Using the average cost method, the value of ending inventory is $4850 $5083 $5150 $5000

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