Question: Concord has the following inventory data: July 1 Beginning inventory 24 units at $48 5 Purchases 144 units at $45 14 Sale 96 units 21

Concord has the following inventory data: July 1 Beginning inventory 24 units at $48 5 Purchases 144 units at $45 14 Sale 96 units 21 Purchases 72 units at $46 30 Sale 67 units Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July? (Round intermediate calculations to 3 decimal places, e.g. 12.531.)

a)$3520

b)$3588

c)$2832

d)$3564

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