Question: please help me with this multiple choice question. Sheffield Company has the following inventory information. July 1 Beginning Inventory 20 units at $90 5 Purchases

please help me with this multiple choice question.

Sheffield Company has the following inventory information.

July

1

Beginning Inventory

20 units at $90

5

Purchases

70 units at $80

14

Sale

40 units

21

Purchases

30 units at $90

30

Sale

20 units

Assuming that a perpetual inventory system is used, what is the ending inventory (round all unit costs to three decimal places and all cost of goods sold and balance calculations to nearest dollar) under the moving-average cost method?

$5088

$5094

$5108

$5118

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