Use this inventory information for the month of May to answer the following question. Assuming that a periodic inventory system is used, what is ending inventory (rounded) under the average-cost method?
A) $5,200
B) $5,288
C) $2,848
D) $2,800

Question

Use this inventory information for the month of May to answer the following question.  Assuming that a periodic inventory system is used, what is ending inventory (rounded) under the average-cost method?
A) $5,200 
B) $5,288 
C) $2,848 
D) $2,800

Quizplus · Accepted Answer

The Answer of Use this inventory information for the month of May to answer the following question.  Assuming that a periodic inventory system is used, what is ending inventory (rounded) under the average-cost method?
A) $5,200 
B) $5,288 
C) $2,848 
D) $2,800

Use This Inventory Information for the Month of May to Answer