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The Indiana Jones Corp. reported the following information for the month of September 2015: 100 units @ $30 $ 3.000 Inventory, September 1, 2015 Purchases:
The Indiana Jones Corp. reported the following information for the month of September 2015: 100 units @ $30 $ 3.000 Inventory, September 1, 2015 Purchases: September 9, 2015 September 18, 2015 September 27, 2015 Totals 50 units @ $32 100 units a $33 50 units @ $34 300 units 1,600 3,300 1,700 $.9.600 During September, Indiana Jones Corp. sold 200 units. The company uses the periodic inventory system. Using the average method of inventory accounting, compute the cost of the ending inventory. (Do Not enter dollar signs.)
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