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The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 100 units @ $4.00 First purchase@ May 7 300 units @

The inventory records for Radford Co. reflected the following

Beginning inventory @ May 1 100 units @ $4.00
First purchase@ May 7 300 units @ $4.40
Second purchase@ May 17 500 units @ $4.60
Third purchase@ May 23 100 units @ $4.80
Sales @ May 31 900 units @ $7.80

Determine the amount of gross margin assuming the weighted average cost flow method.

a

$3,015

b

$2,412

c

$1,314

d

$2,610

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