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Swifty appliance uses perpetual inventory system. for its flat-screen television sets, the January 1 inventory was 3 sets at $402 each. on January 10, Swifty

Swifty appliance uses perpetual inventory system. for its flat-screen television sets, the January 1 inventory was 3 sets at $402 each. on January 10, Swifty purchased 6 units at $500 each. The company sold 2 units on January 8 and 5 units on January 15.

What is the ending inventory under moving-average cost?

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