Question: 01:10:28 Hide Timer Question 18 --/2 View Policies Current Attempt in Progress At May 1, 2022, Kingbird, Inc. had beginning inventory consisting of 340 units

 01:10:28 Hide Timer Question 18 --/2 View Policies Current Attempt in

01:10:28 Hide Timer Question 18 --/2 View Policies Current Attempt in Progress At May 1, 2022, Kingbird, Inc. had beginning inventory consisting of 340 units with a unit cost of $8. During May, the company purchased inventory as follows: .680 units at $8 1030 units at $9 The company sold 1710 units during the month for $14 per unit. Kingbird, Inc. uses the average cost method. The value of Kingbird, Inc.'s inventory at May 31, 2022 is (Round average cost per unit to 2 decimal places, e.g. 12.52.) $2720 $3060. $2890. $17430 A IMA OD wig0O* BLU + II 11 delete

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