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The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Ilse's Garden, Inc., for an operating period. Units
The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Ilse's Garden, Inc., for an operating period. Units Sold Unit Cost Total Cost Units 30 $21 $630 Beginning Inventory Sale No. 1 Purchase No. 1 20 50 30 1,500 40 Sale No. 2 Purchase No. 2 Totals 20 33 660 100 $2,790 60 Assuming Ilse's Garden, Inc. uses weighted average (periodic) inventory procedures, the ending inventory cost is: Select one: A. $1,650 B. $1,116 O C. $1,140 O D. $1,110
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