Question: ABC Co uses perpetual inventory system and Average Cost Method. The company's information for December 2021 is as follows: December 1-Beginning inventory value is

ABC Co uses perpetual inventory system and Average Cost Method. The company's

ABC Co uses perpetual inventory system and Average Cost Method. The company's information for December 2021 is as follows: December 1-Beginning inventory value is $ 800 in total for 20 units of inventory. December 7-Sold 10 units $50 each. December 12- Purchased 15 units at the cost of $42 each. December 17- Sold 8 units $50 each. December 23-Sold 4 units $50 each. December 27- Purchased 8 units at the cost of $44 each. December 30- Sold 10 units $50 each. What is the total value of ending inventory by end of December, 20217 (FYI: round the value to the nearest 10) Select one: a. 700 b. 536) C465 d. 887 ABC Ca has the fallouina information regarding Arenunts Receivables by December 31.2021

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