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Question 16 of 25 < > Bonita has the following inventory information. July 1 Beginning Inventory 10 units at $20 $200 7 Purchases 85
Question 16 of 25 < > Bonita has the following inventory information. July 1 Beginning Inventory 10 units at $20 $200 7 Purchases 85 units at $23 1955 22 Purchases 30 units at $25 750 $2905 -/1 E: A physical count of merchandise inventory on July 31 reveals that there are 25 units on hand. Using the average-cost method, the value of ending inventory is $625. $581. $560. $600.
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