Question: Gecko Enterprises had the following inventory data: Date Unit Cost $50 $56 July 1 July 4 July 7 July 11 July 14 Quantity. 5 10

Gecko Enterprises had the following inventory data: Date Unit Cost $50

Gecko Enterprises had the following inventory data: Date Unit Cost $50 $56 July 1 July 4 July 7 July 11 July 14 Quantity. 5 10 12 Beginning inventory Purchase Sale Purchase Sale 9 $58 8 Assuming average cost, what is the ending inventory after the July 14 sale? (Round any interrogary calculations to the nearest cent and your final answer to the nearest dollar.) A. $232 B. $228 C. $212 D. $224

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