Use this information to answer the following question. 
A periodic inventory system is used; ending inventory is 150 units.
What is ending inventory under the average-cost method?
Definitions:
Maturity Stage
A phase in the product life cycle where sales growth slows or levels off after a period of rapid expansion.
Product Life Cycle
Refers to the stages a product goes through from introduction to growth, maturity, and decline in the market.
Buyer Sophistication
The level of awareness, knowledge, and discernment among consumers regarding the quality, features, and pricing of products or services.
Commoditization
The process by which products become indistinguishable from each other, leading to increased competition based on price.
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