Question 4 (5 points) Listen In its first month of operations, Juice Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $7, and (3) 200 units at $8.50. Assuming there are 150 units on hand at the end of the period, the ending inventory under the average-cost method is Juice uses a periodic inventory system. A) $600 B) $700 C) $716.76 (rounded) D) $850 E) none of the above