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What ending inventory assuming weighted-average cost be

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Reference no: EM132960835

Inventory records for Dunbar Incorporated revealed the following:

Date            Transaction           Numberof Units           Unit Cost

Apr.1       Beginning inventory         590                         $2.45

Apr.20             Purchase                 320                           2.78

Problem 1: Dunbar sold 610 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

Option 1: $749.

Option 2: $770.

Option 3: $820.

Option 4: $785.

Reference no: EM132960835

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