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Whispering has the following inventory data: July 1 Beginning inventory 28 units at $55 5 Purchases 166 units at $52 14 Sale 110 units 21
Whispering has the following inventory data:
July 1 | Beginning inventory | 28 units at $55 | ||
5 | Purchases | 166 units at $52 | ||
14 | Sale | 110 units | ||
21 | Purchases | 83 units at $53 | ||
30 | Sale | 77 units |
Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July? (Round intermediate calculations to 3 decimal places, e.g. 12.531.)
$4744
$4812
$4788
$4056
Whispering has the following inventory data: July 1 5 14 21 30 Beginning inventory Purchases Sale Purchases Sale 28 units at $55 166 units at $52 110 units 83 units at $53 77 units Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July? (Round intermediate calculations to 3 decimal places, e.g. 12.531.) $4744 $4812 $4788 $4056
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