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Determine ending inventory assuming weighted-average cost

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Reference no: EM132680525

Inventory records for Dunbar Incorporated revealed the following:

Date                 Transaction              Numberof Units            Unit Cost

Apr.1               Beginning inventory       570                     $2.46

Apr.20                  Purchase                   350                    2.71

Problem 1: Dunbar sold 620 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)

Multiple Choice

A: $746.
B: $767.
C: $867.
D: $776.

Reference no: EM132680525

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