Compute the cost of the ending inventory under the average


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

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Accounting Basics: Compute the cost of the ending inventory under the average
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