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Question 13 1 pts The beginning inventory for Kingsley Company consists of 250 units valued at $16 each. Four purchases of 60 units each were
Question 13 1 pts The beginning inventory for Kingsley Company consists of 250 units valued at $16 each. Four purchases of 60 units each were made during the year at $16, $16.50, $17, and $17.25 per unit, respectively. A physical count reveals 150 units on hand on the inventory date. What is the value of the ending inventory using the weighted- average inventory costing method? Round the unit cost to two decimals. O $8,005.00 O $2,451.00 $1,634.67 O $5,326.25
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