Question: At May 1, 2022, Marigold Corp. had beginning inventory consisting of 230 units with a unit cost of $ 5. During May, the company purchased

At May 1, 2022, Marigold Corp. had beginning inventory consisting of 230 units with a unit cost of $ 5. During May, the company purchased inventory as follows: 470 units at $ 5 700 units at $ 6 The company sold 1170 units during the month for $ 9 per unit. Marigold Corp. uses the average cost method. The value of Marigold Corp.'s inventory at May 31, 2022 is (Round average cost per unit to 2 decimal places, e.g. 12.52.)

A. $ 1150.

B. $ 1265.

C. $ 7700.

D. $ 1380.

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