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Pharoah Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 476 units that cost $63 each. During the month,
Pharoah Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 476 units that cost $63 each. During the month, the company made two purchases: 715 units at $66 each and 361 units at $68 each. Pharoah also sold 1203 units during the month. If the average-cost method is used, what is the a mount of ending inventory? (Round average cost per unit to 2 decimal ploces, e.g. 21.48.) $78857. $23732. $22877. $77994
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