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Question 27. Concord has the following inventory information. July 1 Beginning Inventory 15 units at $20 $300 7 Purchases 50 units at $22 1100 22

Question 27. Concord has the following inventory information. July 1 Beginning Inventory 15 units at $20 $300 7 Purchases 50 units at $22 1100 22 Purchases 10 units at $19 190 $1590 A physical count of merchandise inventory on July 31 reveals that there are 15 units on hand. Using the average-cost method, the value of ending inventory is a $296. b.$337. c.$344. d.$318. typed answer please

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