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What is the amount of ending inventory at february

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Problem - Nolvo Company uses the periodic inventory system. For February 2020, the beginning inventory consisted of 2,000 units that cost CHF65 each. During the month, the company made two purchases: 8,000 units at CHF68 each and 3,000 units at CHF72 each. Nolvo sold 10,000 units during the month of February at CHF110 per unit. Using the average cost method, what is the amount of ending inventory at February 28, 2020?

Reference no: EM132986300

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