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Sheffield Corp. has the following inventory data: July 1 Beginning inventory 42 units at $21 $882 7 Purchases 148 units at $22 3256 22

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Sheffield Corp. has the following inventory data: July 1 Beginning inventory 42 units at $21 $882 7 Purchases 148 units at $22 3256 22 22 Purchases 21 units at $23 483 $4621 A physical count of merchandise inventory on July 30 reveals that there are 53 units on hand. Using the average cost method, the value of ending inventory is O $1161. O $1219. O $1187. O $1166.

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