This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive any points for the skipped part, and you will not be able to come back to the skipped part. Tutorial Exercise Southern Industries had 428 dining sets in stock at the end of the year. Inventory records show the following information: Date Qty Cost Total Cost January 1 Beginning Inventory 50 $1,340 $6,000 Purchase April 13 200 1,276 255,200 Purchase 200 1,268 253,600 May 2 Purchase 250 1,252 September 7 313,000 Purchase 400 1,256 November 18 502,400 1,100 $1,391,200 Total available for sale Using the average cost method of inventory pricing, calculate the dollar value of the ending inventory. Click here to begin! Need Help? Read It Watch It 8:37 PM 9/22/2021 16