Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows: Glasgow sold 230 units after purchase 3 for $8.10 each.
What is Glasgow's ending inventory under weighted-average? (Round your intermediate computation to 2 decimal places.)
A)$678
B)$685
C)$577
D)$542

Question

Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows:  Glasgow sold 230 units after purchase 3 for $8.10 each.
What is Glasgow's ending inventory under weighted-average? (Round your intermediate computation to 2 decimal places.)
A)$678 
B)$685 
C)$577 
D)$542

Quizplus · Accepted Answer

The Answer of Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows:  Glasgow sold 230 units after purchase 3 for $8.10 each.
What is Glasgow's ending inventory under weighted-average? (Round your intermediate computation to 2 decimal places.)
A)$678 
B)$685 
C)$577 
D)$542

Glasgow Enterprises Started the Period with 80 Units in Beginning