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The following information was available from the inventory records of Red Apron Co. for May: Units Unit Cost Total Cost Balance at May 1 15

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The following information was available from the inventory records of Red Apron Co. for May: Units Unit Cost Total Cost Balance at May 1 15 $20 $300 Purchases: May 5 25 25 625 May 13 20 30 600 May 27 25 35 875 Sales: May 8 (20) May 21 (15) May 30 (30) Assuming that Red Apron adopts perpetual inventory system, what should be the inventory at May 31, using the weighted-average inventory method? (All unit costs should be rounded to the nearest cent, and the final answer should be rounded to the nearest dollar) $1,355 $914 $616 $1,784

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