Unitech has the following inventory information. A physical count of merchandise inventory on July 31 reveals that there are 75 units on hand. Using the average-cost method, the value of ending inventory is
A) $1,450.
B) $1,500.
C) $1,525.
D) $1,550.

Question

Unitech has the following inventory information.  A physical count of merchandise inventory on July 31 reveals that there are 75 units on hand. Using the average-cost method, the value of ending inventory is
A) $1,450. 
B) $1,500. 
C) $1,525. 
D) $1,550.

Quizplus · Accepted Answer

The Answer of Unitech has the following inventory information.  A physical count of merchandise inventory on July 31 reveals that there are 75 units on hand. Using the average-cost method, the value of ending inventory is
A) $1,450. 
B) $1,500. 
C) $1,525. 
D) $1,550.

Unitech Has the Following Inventory Information