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Business, 11.06.2021 01:20 kingbot350

New Express had 400 multi-function centers machines in stock at the end of the year. Inventory records for the year are as follows: DATE QUANTITY COST TOTAL
January 1 Beginning Inventory 50 $142 $7,100
August 5 Purchase 100 269 26,900
October 19 Purchase 100 233 23,300
November 23 Purchase 300 189 56,700
December 16 Purchase 200 157 31,400
Total available for sale 750 $145,400
Using the average cost method of inventory pricing calculate the dollar value of the ending inventory.
a. $69,200.00.
b. $79,200.00.
c. $77,548.00.
d. $85,650.00.

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