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Business, 18.10.2019 21:00 isophk

Given the following data, calculate the cost of ending inventory using the average cost method. (round any intermediary and final answers to two decimal places.)

date item unit
1/1 beginning inventory 40 units at $30 per unit
3/5 purchase of inventory 20 units at $10 per unit
5/30 purchase of inventory 25 units at $22 per unit
12/31 ending inventory 20 units

(a) $413 (b) $459 (c) $200 (d) $550

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