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Compute the cost of the ending inventory

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Reference no: EM131820212

Information about the Maxwell Company's inventory of one item during 2013 is given below.

  Units Unit Cost
Beginning Inventory, Jan 1, 2013 80 $24
Purchases:    
  March 2013 45 $24
  July 2013 75 $22
  November 2013 100 $21
Ending Inventory, Dec 31, 2013 55  

Compute the cost of the ending inventory under the average cost method

Reference no: EM131820212

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