Beginning inventory, Jan. 1: 500 units (unit cost $10)
Inventory purchases:
Date Units Unit Cost
1/20 300 $ 11
4/8 400 12
9/5 200 13
12/12 100 14
Total purchases 1,000 units
What is the ending inventory?
It says that the answer is 600 units but how is that so I do not get it.
