What is the amount of the inventory at the end of the year rounded to nearest dollar using the average cost method?
A) $1,685
B) $1,575
C) $1,805
D) $3,705

Question

Quizplus · Accepted Answer

The average cost method calculates inventory by taking the total cost of goods available for sale and dividing it by the total units available for sale, then multiplying by the ending inventory units. The correct calculation results in $1,685.

What Is the Amount of the Inventory at the End