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Compute the value of Tamarisk Inc inventory at May

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Question - At May 1, 2022, Tamarisk, Inc. had beginning inventory consisting of 310 units with a unit cost of $7. During May, the company purchased inventory as follows:

620 units at $7

940 units at $8

The company sold 1560 units during the month for $12 per unit. Tamarisk, Inc. uses the average cost method. Compute the value of Tamarisk, Inc.'s inventory at May 31, 2022?

a. $2480.

b. $2325.

c. $2170.

d. $14030.

Reference no: EM132663895

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