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How much is the ending inventory on july

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Entity A is a wholesaler of Product A, a non-unique good. The activity for product A during July is shown below:

Date Balance/Transaction                      Units Cost

July 1 Inventory 2000                           36.00

7 Purchase 3000                                 37.00

12 Sales 3600

21 Purchase 5000                              37.88

22 Sales 3800

29 Purchase 1600                             38.11

Question 1: How much is the ending inventory on July 31?

a. 153,400

b. 156,912

c. 158,736

d. Answer cannot be determined due to insufficient information

Reference no: EM132494807

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