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Compute the Whispering Winds Corps gross profit

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Problem - At May 1, 2017, Whispering Winds Corp. had beginning inventory consisting of 280 units with a unit cost of $6. During May, the company purchased inventory as follows:

550 units at $6

830 units at $7

The company sold 1380 units during the month for $11 per unit. Whispering Winds Corp. uses the average cost method. Compute the Whispering Winds Corp.'s gross profit for the month of May?

a. $6210.

b. $8970.

c. $15180.

d. $10790.

Reference no: EM132727300

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