Question: Question 26 View Policies Current Attempt in Progress Marigold Corp. uses the periodic inventory system. For the current month, the beginning inventory consisted of 475

 Question 26 View Policies Current Attempt in Progress Marigold Corp. uses

Question 26 View Policies Current Attempt in Progress Marigold Corp. uses the periodic inventory system. For the current month, the beginning inventory consisted of 475 units that cost $66 each. During the month, the company made two purchases: 717 units at $69 each and 365 units at $71 each. Marigold Corp. also sold 1201 units during the month. Using the average cost method, what is the amount of ending inventory? (Round average cost per unit to 2 decimal places, e.g. 21.48.) $25276 $82329. $81462 $24404

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