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Use the Following Information for Questions Below
a Company Had

Question 43

Multiple Choice

Use the following information for questions below
A company had the following inventory activity during April:
 units  unit cost total cost beginninginventory 800$10.00$8,000 purchaseapril 6 1,40011.0015,400sale april (1,500) purchase april 1790010.509,450sale april 24 (900) \begin{array}{l}\text { }\\\begin{array} { l l l l l} &&\text {units }&\text { unit cost}&\text { total cost}\\\text { beginning}&\text {inventory }&800&\$10.00&\$8,000\\\text { purchase}&\text {april 6 }&1,400&11.00&15,400\\\text {sale }&\text {april }&(1,500) \\\text {purchase }&\text {april 17}&900&10.50&9,450\\\text {sale }&\text {april 24 }&(900) \\\end{array}\end{array}
-If the company is using a perpetual system and the weighted-average cost formula,what is the ending inventory closest to?


A) $8,470
B) $7,777
C) $7,560
D) $7,391

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