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Splish Brothers Inc, has the following inventory data: July 1 Beginning inventory 138 units at $19 7 Purchases 483 units at $20 22 Purchases 69

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Splish Brothers Inc, has the following inventory data: July 1 Beginning inventory 138 units at $19 7 Purchases 483 units at $20 22 Purchases 69 units at $22 $2622 9660 1518 $13800 A physical count of merchandise inventory on July 30 reveals that there are 230 units on hand. Using the average cost method, the value of ending inventory is $4462 $4676. $4600 54738

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