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Question Content Area Bellig Industries had the following inventory activity during April: Units Unit Cost Beginning Inventory 100 $10.00 Purchase (April 3) 60 $12.00 Sale
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Bellig Industries had the following inventory activity during April:
Units | Unit Cost | |
Beginning Inventory | 100 | $10.00 |
Purchase (April 3) | 60 | $12.00 |
Sale (April 10) | 80 | |
Purchase (April 18) | 50 | $14.00 |
Assuming Bellig uses a Perpetual Moving Average Cost Flow Assumption, Ending Inventory at April 30th would be:
$1,498.10 $860.00 $1,560.00 $921.90
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