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Find the value of whispering winds corp inventory at may

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Reference no: EM132646063

At May 1, 2022, 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

Ptoblem 1: The company sold 1380 units during the month for $11 per unit. Whispering Winds Corp. uses the average cost method. The value of Whispering Winds Corp.'s inventory at May 31, 2022 is (Round average cost per unit to 2 decimal places, e.g. 12.52.)

a. $1680.
b. $1960.
c. $10790.
d. $1820.

Reference no: EM132646063

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