Method for a Periodic Inventory System, Rounding to the Nearest

question 44

Multiple Choice

method for a periodic inventory system, rounding to the nearest dollar. (Do not round in the process of your calculations, only round your final answer.)
$\begin{array} { l l l } 1 / 1 & \text { Beginning inventory } & 50 \text { units at } \$ 10 \text { per unit } \\3 / 5 & \text { Purchases } & 30 \text { units at } \$ 14 \text { per unit } \\5 / 30 & \text { Purchases } & 25 \text { units at } \$ 15 \text { per unit } \\10 / 25 & \text { Purchases } & 20 \text { units at } \$ 16 \text { per unit } \\12 / 31 & \text { Ending inventory } & 45 \text { units }\end{array}$

• A) $581
• B) $720
• C) $619
• D) $450

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