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The following information was available from the inventory records of Anderson Corp. for January: Units Unit Cost Balance at March 1 3,100 9.75 Purchases: 03/05/2016
The following information was available from the inventory records of Anderson Corp. for January:
Units Unit Cost
Balance at March 1 3,100 9.75
Purchases: 03/05/2016 2,000 10.50 03/25/2015 2,500 10.70
Sales: 03/08/2016 -2,750 03/30/2016 -3,500
Balance at March 31 1,350
Assuming that Anderson does not maintain perpetual inventory records, what should be the inventory at March 31, using the weighted-average inventory method, rounded to the nearest dollar?
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