A corporation has provided the following information about one of its products: 
During the year, 590 units were sold. What is ending inventory using the weighted average periodic inventory method? (Round the weighted average cost per unit to two decimal points; round the ending inventory to the nearest whole dollar.)
Definitions:
Place Elements
Components of the marketing mix that focus on distribution channels and methods used to deliver the product to the customer.
Promotion Elements
Various components and methods used in marketing to communicate with the target audience, such as advertising, sales promotions, and publicity.
Marketing Research
Marketing research involves the systematic gathering, recording, and analyzing of data about issues relating to marketing products and services.
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