Noise Makers Inc. has the following inventory data: July 1 Beginning inventory30 units at $19$5707 Purchases 105 units at $20 210022 Purchases 15 units at $22
Noise Makers Inc. has the following inventory data: July 1 Beginning inventory30 units at $19$5707 Purchases
105 units at $20
210022
Purchases
15 units at $22
330
$3000
A physical count of merchandise inventory on July 30 reveals that there are 48 units on hand. Using the average cost method, the value of ending inventory is
a)$930.
b)$976.
c)$960.
d)$990
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