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Question 1 3 of 1 7 View Policies Current Attempt in Progress At May 1 , 2 0 2 7 , Coronado Company had beginning

Question 13 of 17
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At May 1,2027, Coronado Company had beginning inventory consisting of 150 units with a unit cost of $4.40. During May, the company purchased inventory as follows:
800 units at $4.40
650 aunits at $6.00
The company sold 1180 units during the month for $13 per unit. Coronado uses the average-cost method. Coronado's gross profit for the month of May is
$1600.
$7139.
$9214.
$9381.
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