Question: The average cost inventory costing method is used by Quest, Inc. Sales are $275,000, the number of units available for sale is 250, the number

The average cost inventory costing method is used by Quest, Inc. Sales are $275,000, the number of units available for sale is 250, the number of units sold during the period is 220, and the average cost of the goods available for sale is $1,000 each. How much is gross profit for the company?

Select one: A. $ 55,000 B. $ 0 C. $25,000 D. $35,000

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